PeckShield: Orange Finance has been attacked by hackers, with losses of approximately $787,000

According to PeckShield, the LPDfi liquidity management protocol Orange Finance on Arbitrum has been attacked by hackers, with approximately $787,000 in encrypted assets transferred from its contract. The official confirmed that the attacker controlled the administrator address, upgraded the contract and transferred funds to their wallet.
Users are strongly advised to immediately revoke all contract authorizations related to Orange Finance to avoid further losses and stop any interaction with the damaged protocol.
Orange Finance has attempted to contact the attacker through Arbiscan for a negotiated return of funds.