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Blueberry DeFi Protocol Suspends Lending Services After $1.3M Exploit
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Blueberry managed to suspend its lending services shortly after suffering an exploit that led to over $1.3 million worth of Ether being drained from the DeFi protocol.
In an X post published on February 23, the Blueberry Protocol Foundation announced that it was currently experiencing an “ongoing exploit” and recommended users to withdraw their funds from Blueberry lending markets while the foundation worked on halting the protocol.
Further details of the exploit:
All of the drained funds were front run by @ coffeebabe_eth (not real twitter, not on socials) and are now safe in the Blueberry multisig, less the validator payment.
The team is in contact with security and comms professionals and will attempt…
— Blueberry Protocol Foundation
Read more on cryptonews.comAbout this in other media
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DeFi Exploits in February Cause Losses of $82 Million With Just $1.3 Million Recovered: Report cryptonews.com /8 months ago
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