Jimbos Protocol Loses $7.5M in Ether Due to Security Breach, JIMBO Token Value Plummets

Security breach in Jimbos Protocol, a liquidity protocol operating under the Arbitrum system, resulted in a significant loss of 4,000 Ether (ETH), approximately worth $7.5 million, on May 28.

• by Zach Anderson
• May 29, 2023