White Hat MEV Operator Intercepts $2.6M in Crypto Stolen from Morpho Labs
A known white hat maximal extractable value (MEV) actor, operating under the pseudonym c0ffeebabe.eth, has once again intervened in a decentralized finance (DeFi) exploit—this time rescuing approximately $2.6 million in crypto assets stolen from Morpho Labs’ Morpho Blue protocol. The incident stemmed from a front-end update by Morpho Labs on ...