Ethical hacker intercepts $2.6M in Morpho Labs exploit

Morpho Labs Overtakes AAVE As The Largest DeFi Protocol On Base

Morpho Labs is rapidly gaining popularity day by day. According to data released by Token Terminal today, Morpho Labs is currently the largest lending protocol on the Base blockchain based on active loans. With the rising demand for DeFi, the platform’s supply surges. ICYMI: @MorphoLabs is currently the biggest lending protocol on @base, based on active loans.Active loans represents the $ amount that borrowers pay interest on, which means that …

White Hat MEV Operator Intercepts $2.6M in Stolen Funds from Morpho Labs Hack - Crypto Economy

TL;DR A white hat MEV operator, known as “c0ffeebabe.eth”, successfully intercepted a malicious transaction attempting to steal $2.6 million from the DeFi protocol Morpho Labs following a faulty frontend update.  Morpho Labs immediately reversed the compromised update, confirming that the core protocol remains secure and user funds were not affected. This is not c0ffeebabe.eth’s first act of protection: the operator had previously recovered $5.…

C0ffeebabe.eth Outsmarts Hacker in Morpho Labs Breach

A white hat hacker stepped in to stop $2.6 million in crypto from being stolen after a security issue at Morpho Labs, a decentralized lending company.

Morpho Labs crypto hack thwarted as white hat intercepts $2.6M after frontend exploit

DeFi protocol Morpho Labs has confirmed its frontend is secure after reverting a faulty update that had led to a $2.6 million exploit, which was intercepted by white hat MEV operator c0ffeebabe.eth. The exploit took place after a frontend update…

MorphoBlue Vulnerability Leads To $2.6M DeFi Exploit

A new exploit, traced to a MorphoBlue vulnerability, has resulted in the theft of $2.6 million. The breach, which occurred on April 11, 2025, was first reported by PeckShieldAlert, highlighting a major security flaw in the decentralized finance (DeFi) ecosystem. The attacker, operating under the Ethereum address c0ffeebabe.eth, managed to frontrun a transaction, siphoning off the funds to a new address, 0x1A5B...C742.  The vulnerability in Morph…

How an Ethical Hacker Stopped $2.6M Theft at Morpho Labs

A cybersecurity expert, known as a “white hat,” successfully prevented a $2 million hack targeting the Morpho Blue platform. The hacker aimed to steal funds from the decentralized finance (DeFi) project, but the white hat intervened just in time to stop the attack. The Morpho Blue hack posed a significant threat to the DeFi ecosystem, where users’ funds are at risk of theft due to vulnerabilities in smart contracts and protocols. By detecting an…