PANews
PANews|Oct 02, 2025 03:05
[SlowMist Cosine: Pendle whale theft possibly due to contract allowing anyone to call when creating delegated positions] SlowMist Cosine explained the details of the recent Pendle whale theft on the X platform. According to reports, Pendle's official team has confirmed that the protocol was not attacked. Analysis of the Pendle whale theft revealed that the contract created by the whale, onMorphoFlashLoan, could be called by anyone. The whale then delegated their position to this contract, allowing the hacker to call the whale's onMorphoFlashLoan and execute subsequent attacks targeting AAVE and Pendle holdings. The Pendle whale ultimately suffered losses exceeding $1.3 million.
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