On April 11, 2025, MorphoBlue suffered a significant security breach when a vulnerability was exploited by an attacker using the Ethereum address c0ffeebabe.eth. The exploit resulted in the theft of $2.6 million as the perpetrator front ran a transaction to divert funds. This caused MorphoBlue's native token, MORPH, to plummet by 8.2% in value within 30 minutes, affecting the wider DeFi market and causing spikes in MORPH trading volume and liquidity. The incident underlines the urgent need for stronger security measures in DeFi platforms.
Source: https://thecyberexpress.com/morphoblue-vulnerability/
"id": "the322041125",
"linkid": "the-morpho-institute",
"type": "Vulnerability",
"date": "4/2025",
"severity": "85",
"impact": "2",
"explanation": "Attack limited on finance or reputation"