According to Cyvers Alerts, there were multiple suspicious transactions involving unverified lending contracts on the Base network today. The attacker initially made a suspicious transaction and made a profit of about $993,000 from these unverified contracts. Most of these tokens were cross-chain interaction to the ETH network, with about $202,000 deposited into Tornado Cash. The attacker used the same vulnerability to gain an additional $455,000. The root cause seems to be the manipulation of WETH's price through excessive borrowing and lending.
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Cyvers _s: Multiple suspicious transactions appeared on the Base network, with a total Arbitrage of about $1.45 million by Hacker
According to Cyvers Alerts, there were multiple suspicious transactions involving unverified lending contracts on the Base network today. The attacker initially made a suspicious transaction and made a profit of about $993,000 from these unverified contracts. Most of these tokens were cross-chain interaction to the ETH network, with about $202,000 deposited into Tornado Cash. The attacker used the same vulnerability to gain an additional $455,000. The root cause seems to be the manipulation of WETH's price through excessive borrowing and lending.