An attack on Premia Labs caused an estimated $464,600 loss, as stolen assets moved from Arbitrum through Ethereum and were converted to Bitcoin (BTC), spanning three networks in the reported sequence.
The funds started on Arbitrum and passed through Ethereum before swap steps involving Chainflip and NEAR Intents. Bitcoin was the asset received at the end of the route.
Premia Labs operates in the decentralized derivatives sector. The loss was also rounded to about $465,000; both figures refer to the same incident.
