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Wu says that, according to PeckShield monitoring, Transit Finance is suspected to have been attacked, with losses of approximately 1.88 million USD. The stolen funds are currently being held in DAI at address 0x8a634DfA2609358849D7D65FFA270C8A57a8abA5. Transit Finance later responded that this incident is related to an earlier version of its smart contract deployed on TRON; the contract has been deprecated since 2022, but a historical vulnerability within it was exploited recently, affecting a small number of users. Transit Finance stated that the team carried out investigation, isolation, and mitigation after discovering the issue, and completed further review and fixes on May 12. The current smart contract version was not affected and has been running safely for more than four years. Affected users will receive full compensation.