Security alert warning for x402 cross-chain protocol showing fund flow from exploit to Arbitrum network

Security Alert: x402 Cross-Chain Protocol Exploit Drains $17,693 from User Wallets

A critical security alert has been issued for the x402 cross-chain protocol (@402bridge) following a confirmed exploit that resulted in the theft of 17,693 USDC from over 200 users. The security incident, flagged by the GoPlus Chinese community, reveals a sophisticated attack vector involving contract ownership transfer and authorization abuse. Attack Vector Analysis The exploit…

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