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

According to TechFlow, on November 1, Blockaid monitoring data showed that Premia Labs on Arbitrum was attacked, with approximately $400,500 withdrawn from the vault in about two transactions; the attack was still ongoing at the time of disclosure.

According to its analysis, the attacker created empty option pools, purchased options through flash loans, locked vault collateral in these pools, and then withdrew funds in the form of liquidity.

Source: TechFlow