White Hat Hacker Intercepts $2.6M Crypto Hack on Morpho Blue

Edited by: Yuliya Shumai

On April 11, a white hat MEV operator, c0ffeebabe.eth, intercepted approximately $2.6 million in crypto assets stolen from Morpho Blue, a DeFi protocol. The hack occurred after Morpho Labs implemented a front-end update on April 10. The white hat actor front-ran the malicious transaction, securing 3,000 ETH and returning the funds to the Curve deployer address.

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