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Content
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Preston
@ptonewreckin
ConcentricFi on Arbitrum was compromised through a contract manipulation exploit, losing about $1.6 million. The attacker upgraded Concentric vaults to malicious contracts they controlled, using an 'adminMint' function to mint and drain LP tokens from the LPStaking contract. Connections to OKX exploiter.
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Becky Nightingale
@beckynightingale
$TIME
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