Morpho Labs Cripto Hack That Thartid as white hat intercept $ 2.6 million after Frontend Exploit

The Morthol Laboratory Protocol has confirmed that its frontrend is safe after intercepting is intercepted with an exploitation of 2.6 million dollars, which intercepted the white hat Mev operator C0FFeeBabe.eth.
The exploit was held after the frontend update to the morpha laboratory ‘ Defi App Morpho Blue 10. April 10 April. The update is designed to improve the transaction flow within the application. 11. April Blocchain Security Firm Peckshield export that the vulnerability in the update is allowed to use the address associated with the protocol, which could result in a loss of $ 2.6 million.
However, the malicious transaction was the front c0ffeebabe.ethMysterious White Hat MEV Operator with tracking tracks The maximum value of extractive Bots in ethical purposes, effectively preventing the hacker to execute theft. According to Peckshield, the stolen funds were transferred to a secure address, 0x1a5b … C742, where they were insured.
After the incident, Tim Morpho Labs announced in the post to K that the reverted update of the frontend, which caused vulnerability, and normal operation was renovated. The protocol also confirmed that all funds in the Morfo Protocol was secure and not encouraged by the exploitation.
In a Monitoring the postThe protocol reiterated that “morph Frontind is safe”, convincing users that no additional actions need to be needed to ensure their property. They added that a more detailed post will be published next week.
MEV attacks remain a steady threat in Kriptou. Currently in another incident TitleHacker Front Head at Waifinder (fast) token airdrop designed for CaTo (Kaito) Users, catching the tokens before the legitimate owners could request them.
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2025-04-11 14:58:00