Root-cause analysis not yet published. The incident description below contains all currently available signal — review the attack transaction directly for definitive forensics.
XIRTAM, a project built on the Arbitrum ecology, is a reputation building platform that does not require KYC. It advocates building digital reputation step by step through the XIRTAM system in an anonymous and decentralized manner. At the same time, users can get rewards for participating in activities on XIRTAM. The project party is on the 3rd Rug Pull. However, unlike the usual practice of the Rug Pull project, the runaway XIRTAM project party did not transfer the raised 1909 ETH to the currency mixing service to hide the identity and the direction of the funds, but deposited all the funds in Binance. In this regard, Binance stated that the funds involved in the XIRTAM project have been frozen and will cooperate with law enforcement agencies to investigate. Attack method (per SlowMist): Rug Pull. Reported loss: 1,909 ETH.
- chain
- arbitrum
- protocol
- XIRTAM
- bug_class
- rug
- date_occurred
- 2023-05-03
- loss_usd
- —
- source_id
- sm:xirtam::2023-05-03