Moby private key leaks led to the loss of digital assets
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Johny Smith
2025/02/02
3 mins read
According to the data on January 8, 2025, the Moby project reported about the leak of the private key, which led to problems with LP actuas in some protocols. Hackers tried to take advantage of vulnerability by updating smart contracts using a stolen proxy. However, the operational actions of the developers and the assistance of partners made it possible to minimize the consequences.
Moby experts emphasized that the incident was not associated with the vulnerability of the protocol smart contracts. All user positions and deposits will be completely restored from the company’s reserves. To ensure the stability of the system, a temporary reorganization is announced, which will end on January 9 at 16:00 Moscow time.
The company also advises users to withdraw active permits from addresses related to the incident. Among them:
- PositionManager: 0xB03E14Eeb1a4B2F95a7e1CBe400BAec3E78d2a1F
- SettleManager: 0xA62027C5edc68Abc52D3a3BbDd213Fa12457320B
- sRewardRouterV2: 0x64e1faFA9e9d5F1a7431B886F5Fbff4052c5925d
- Mrewardrouterv2: 0x6881E756ea3322aeaade0267c2a7fcf2a887ee9a
Additionally, in the framework of the activities of hackers “in the White Hat”, 1.47 million USDCs were successful. Exploiter using a vulnerability in UUPS realeization returned the funds to the owners. However, not all digital assets managed to save. For example, part of the BTC and Weth, derived by the address 0x2A566D1111D0A5BE8888888888888888888888888888888344434AF3245BB1B, were exchanged for 311.8 ETH (approximately $ 1 million). These funds are distributed at 10 addresses in the Ethereum network.
The Moby team continues the investigation and is ready to provide updates as new information arrives. Users are also recommended to contact the official Telegram channel to get assistance in the loss of digital means.
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