$2 million stolen from Arbitrum-based algorithmic stablecoin project.
Details of the project are difficult to come by. The platform’s Twitter account was launched in January 2023 and outlined plans for an algorithmic stablecoin called Hope token , which dynamically adjusts its supply relative to the price of Ether .
“It appears that the scammer changed the TradingHelper contract which meant that when 0x4481 calls OpenTrade on the GenesisRewardPool the funds are transferred to the scammer.”
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