Premia Labs suffered a $464,600 loss from a cryptocurrency exploit targeting its options vaults on the Arbitrum network. The attacker used flash loans and created empty options pools to withdraw vault collateral, then moved stolen assets across blockchains, converting them into Bitcoin via Chainflip and NEAR Intents. This incident highlights ongoing risks in decentralized finance, especially with cross-chain asset transfers. Investigations continue, but Premia Labs has yet to announce recovery plans or reimbursements.
Premia Labs' recent exploit is context for readers following cryptocurrency markets. For readers following major cryptocurrencies on Pluang, 32 of 50 assets rose while 17 fell today. Notable movers include COTI at Rp193 with a 10.72% increase and 98% buy order activity, EOS at Rp12,649 up 8.13%, and YFI at Rp36,497,930 rising 7.52%. This data is as of Nov 01, 2026 19:01 WIB.
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