Steadefi attack incident update: The stolen 624 ETH has been transferred to a new address, and $540,000 has been recovered from the vault

ChainCatcher news, the leveraged yield protocol Steadefi deployed on Arbitrum and Avalanche updates on the progress of the vulnerability attack incident encountered yesterday. The stolen 624 ETH (approximately $1.158 million) has been transferred to a new address. Currently, the Steadefi team has successfully recovered $540,000 of user funds from the remaining affected vaults. Steadefi has reported the case to the authorities and is currently working with a security company to track the attacker’s on-chain and off-chain activities.