In the past 24 hours, the crypto world has once again witnessed a serious hack, causing shock within the community. According to reports from PeckShieldAlert, Orange Finance has become a victim of a sophisticated attack, resulting in the withdrawal of approximately 787,000 USD worth of coins from their contracts.
According to information from @0xOrangeFinance, the hacker gained control of the admin address, upgraded the contracts, and transferred funds into their own wallet. The development team is still investigating the cause, and the incident has rendered the entire operation of this contract unsafe. Importantly, users should not interact with any transactions related to Orange Finance, including sending or withdrawing funds.
Users are advised to immediately revoke all contract approvals related to Orange Finance. The affected contract addresses must be carefully monitored. A list of some contract addresses including Stryke vault and Stable vault (which has been closed) is being documented, with many addresses limiting interaction that users should pay attention to in order to protect their assets.
With incidents like the above, it is clear that the crypto industry still faces serious security threats. This highlights the importance of security and caution when engaging in transactions in the coin space. Investors should regularly check and manage their contracts to avoid falling into the traps of hackers. Be cautious and always monitor announcements from the projects you participate in.