A certain white hat hacker successfully intercepted approximately 2.6 million dollars worth of stolen encryption assets in the Morpho Labs protocol.
A white hat hacker successfully intercepted 2.6 million dollars worth of encrypted assets stolen from the Morpho Labs DeFi protocol, transferring the stolen funds to a secure Wallet through front running. The Morpho Labs team has rolled back the update, and the funds are safe and unaffected. A detailed incident report will be released next week.