IPOR Labs Loses $336K in Arbitrum Vault Exploit, Vows Full Refund

An attacker exploited IPOR Labs' legacy USDC vault on Arbitrum for $336,000 by hijacking an administrator account through Ethereum's new EIP-7702 delegation feature, with the protocol confirming all affected depositors will receive full refunds while newer vaults remain secure with enhanced validation.

Source: cryptonews.com

Related symbols: IPORUSD