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Slow Fog Cosine: Losses exceed $1.3 million as Pendle Large Investors are stolen, possibly due to their contract allowing anyone to call.
According to Mars Finance, Slow Mist's Yu Xian posted on the X platform to explain the details of the previous theft of Pendle's large investors. It is reported that Pendle's official has confirmed that the protocol was not attacked. An analysis of the theft of Pendle's large investors found that the contract created on Morpho Flash Loan could be called by anyone. The large investor entrusted their position to this contract, and the hacker called the large investor's on Morpho Flash Loan to carry out subsequent attacks on AAVE and Pendle holdings. The Pendle large investor ultimately suffered losses exceeding $1.3 million.