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DeFi

Urgent: Major Exploit Detected on Base Ecosystem Protocol

Urgent: Major Exploit Detected on Base Ecosystem Protocol

Heads up—word is a major exploit was just found in one of the top lending protocols on Base. The devs are scrambling to pause the contracts, but I’m seeing millions being drained to a new mixer addres

Heads up—word is a major exploit was just found in one of the top lending protocols on Base. The devs are scrambling to pause the contracts, but I’m seeing millions being drained to a new mixer address as we speak. If you’ve got liquidity parked in the major yield farms there, you might want to pull out until the official post-mortem hits. Stay safe.