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There is a loophole in the DeFi fixed-rate lending protocol 88mph, and the attacker exploits the loophole to mint about 100,000 MPH

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The bug has been fixed, and 100,000 MPH flowed into the Binance platform.

Rhythm BlockBeats news, on November 18, the DeFi fixed-rate lending protocol 88mph tweeted that it had discovered a loophole that an attacker used to mint about $100,000 in MPH tokens. As of press time, the issue has been fixed and the 88mph team said it will monitor the situation closely. All deposits/bonds are not affected by this vulnerability.

According to Kiyo, a team member of the Web 3 decentralized API service API3 who discovered the vulnerability, the ETH held by the attacker comes from Binance Exchange, so the address can be quickly traced, and it is currently selling ETH.