TechFlow, April 11 — According to Cointelegraph, a white-hat hacker successfully intercepted approximately $2.6 million worth of crypto assets stolen from Morpho Labs' decentralized finance (DeFi) protocol.
Blockchain security firm PeckShield said that an address was compromised due to a vulnerability triggered by a frontend update to Morpho Labs' Morpho Blue application.
Cointelegraph reported that the address "c0ffeebabe.eth," which previously front-ran and intercepted the stolen funds, belongs to a white-hat MEV operator.




