In what can only be described as a thoroughly modern comedy of manners, dear reader, our protagonist – the frightfully clever c0ffeebabe.eth (one assumes they take their coffee with considerable amounts of milk) – has performed what the nouveau riche of the cryptocurrency world are calling a “white hat intervention.” 🧐
The whole frightful business began at Morpho Labs, where some absolute bounders had the temerity to attempt a rather ungentlemanly theft of $2.6 million. One simply doesn’t do that sort of thing in polite society, darling. The cads had spotted a vulnerability in something called “Morpho Blue” – which sounds rather like one of those ghastly cocktails they serve in Mayfair these days. 🍸
#PeckShieldAlert An address appears to have suffered a $2.6M exploit due to a #MorphoBlue frontend vulnerability and was frontrun by c0ffeebabe.eth. The funds were transferred to 0x1A5B…C742.
— PeckShieldAlert (@PeckShieldAlert) April 11, 2025
Enter our hero, the mysterious c0ffeebabe.eth, swooping in like a perfectly-timed butler with the brandy, intercepting the ghastly affair with what the common folk refer to as a “front-run.” Really, the terminology these days is absolutely barbaric. 🎭
The Morpho Labs people – nouveau riche if ever I saw them – had the good sense to announce on that dreadfully common platform ‘X’ that everything was “safe.” How terribly reassuring. Rather like announcing the punch bowl hasn’t been spiked at one of Aunt Agatha’s garden parties. 🦋
After continued investigation, we confirm the Morpho Frontend is safe. No additional actions required by users.
To recap:
– Yesterday, a frontend update was pushed to enhance the transaction flow.
– At 3:54 AM CET today, we received a report that specific transactions on the…— Morpho Labs 🦋 (@MorphoLabs) April 11, 2025
Meanwhile, in an entirely separate but equally tedious affair, some absolute rotter has made off with the Wayfinder tokens meant for Kaito users. Really, one begins to think the whole cryptocurrency business is becoming rather like a badly organized garden party where someone’s perpetually making off with the silver. 🎪
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2025-04-11 15:01