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CoinVoice has learned that the blockchain security organization BlockSec announced that the FutureSwap protocol deployed on Arbitrum was attacked for the first time four days ago and was again exploited by hackers through a reentrancy vulnerability, resulting in a loss of approximately $74,000.
The attacker initially over-minted LP tokens using the reentrancy function 0x5308fcb1 three days ago, and after the cooling-off period, redeemed the excess collateral assets to realize profits.