BlockBeats News, April 11th, Morpho announced on its X platform that after a thorough investigation, it has confirmed the security of the Morpho frontend. Users do not need to take any additional action.
Morpho stated that at 4:44 AM Central European Time today, the Morpho team discovered and fixed the frontend issue. Next week, the team will share a detailed article explaining the cause, scope, and solution.
In earlier news, according to PeckShield monitoring, an address suffered a $2.6 million loss due to an attack exploiting the Morpho Blue frontend vulnerability. The attack transaction was frontrun by the well-known on-chain arbitrageur c0ffeebabe.eth, and the funds were ultimately transferred to the address 0x1A5B…C742.