TechFlow, April 11 — Morpho Labs announced on its X platform that after ongoing investigation, it has confirmed the Morpho frontend is secure. Users do not need to take any additional actions.
Morpho stated that at 04:44 Central European Time today, the team identified and fixed the frontend issue. Next week, the team will publish a detailed article explaining the cause, scope, and solution.
Earlier report: According to PeckShield monitoring, an address may have suffered a $2.6 million loss due to a vulnerability in the Morpho Blue frontend. The attack transaction was frontrun by well-known on-chain arbitrageur c0ffeebabe.eth, with funds ultimately transferred to address 0x1A5B...C742.
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