ChainCatcher news, Slow Mist explained on the X platform the details of the previous Pendle large investor theft. It is reported that Pendle officials have confirmed that the protocol was not attacked. Analyzing the situation of the Pendle large investor theft reveals that the contract created by them on Morpho Flash Loan can be called by anyone. The large investor entrusted their position to this contract, and the hacker called the large investor's on Morpho Flash Loan to carry out subsequent attacks on AAVE and Pendle holdings. The Pendle large investor ultimately lost over $1.3 million.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Slow Fog Cosine: Losses exceed 1.3 million USD, Pendle Large Investors stolen or due to its contract allowing anyone to call.
ChainCatcher news, Slow Mist explained on the X platform the details of the previous Pendle large investor theft. It is reported that Pendle officials have confirmed that the protocol was not attacked. Analyzing the situation of the Pendle large investor theft reveals that the contract created by them on Morpho Flash Loan can be called by anyone. The large investor entrusted their position to this contract, and the hacker called the large investor's on Morpho Flash Loan to carry out subsequent attacks on AAVE and Pendle holdings. The Pendle large investor ultimately lost over $1.3 million.