Blockaid: Premia Labs Was Attacked, Approximately $400,500 Stolen

on November 1, according to monitoring by Blockaid, Premia Labs on Arbitrum was attacked, with approximately $400,500 withdrawn from the vault through around two transactions. The attack was still ongoing at the time of disclosure.

According to its analysis, attackers created empty option pools, used flash loans to purchase options, locked the vault's collateral in these pools, and subsequently withdrew funds in the form of liquidity.