BlockSec: Two multi-chain contracts were attacked, resulting in losses exceeding $17 million. Attackers exploited an authorization vulnerability to transfer assets.

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On January 26, BlockSec Phalcon reported that it had detected a series of suspicious transactions a few hours earlier. The attack targeted contracts deployed by two creators, involving Ethereum, Arbitrum, Base, and BSC, with total losses exceeding $17 million.

These compromised contracts were not open source and appeared to have arbitrary call capabilities. The attackers exploited existing token authorization to transfer and drain the contract's assets by executing `transferFrom`.

Affected contract deployers:

0xbeef63AE5a2102506e8a352a5bB32aA8B30B3112, with a loss of approximately $3.67 million; 0x9cb8d9BaE84830b7f5F11ee5048c04a80b8514BA, with a loss of approximately $13.41 million.

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