Magpie Protocol, a cross-chain infrastructure, has been exploited, resulting in approximately $129,000 stolen from 221 wallets. The exploit targeted the MagpieRouterV2 contract across multiple chains. Magpie Protocol has issued urgent warnings to its users to revoke any approvals for Magpie contracts to prevent further losses. Security firms including PeckShield and CertiK have also reported on the incident, noting that the exploiter's wallet contains roughly $128,000 worth of assets from various chains. Users are advised to check their wallets and revoke permissions using tools provided by interfaces like Rabby.
On April 23, the cross-chain infrastructure Magpie Protocol @magpieprotocol got exploited for ~💰$129k belonging to 221 wallets. After the exploit was detected, Magpie Protocol asked its users to revoke approvals for the MagpieRouterV2 contract on multiple chains. Magpie… https://t.co/rUK1b2XWZP
Pretty incredible - Renzo (ezETH) which is meant ot be pegged to ETH - dropped as low as US$700 today and many leveraged farmers got washed out. Trying to better understand the mechanics of what happened. ht @0xtommy_eth https://t.co/7Y92J3D3Ja
So Renzo eth holders got so mad at that chart that they market dumped and it depeged by 30% liquidating the users that were leverage loop farming eigen points lol. Filled a small amount of cheap renzo eth which was nice thank you for your sacrifices
Or due to poor liquidity, Renzo Restaked ETH (ezETH) in Uniswap fell to a short-term minimum of $688 during 10:35-11:05 UTC+8. 0xAA…3eE57 spent 2,400 ETH to buy 2,499 ezETH, making a net profit of 99 ETH. Renzo is a new project of Binance Launcpool. https://t.co/3LnKihm7qI…
Ord ue to poor liquidity, Renzo Restaked ETH (ezETH) in Uniswap fell to a short-term minimum of $688 during 10:35-11:05 UTC+8. 0xAA…3eE57 spent 2,400 ETH to buy 2,499 ezETH, making a net profit of 99 ETH. Renzo is a new project of Binance Launcpool. https://t.co/3LnKihm7qI…
.#ezETH, the LRT of @RenzoProtocol dropped to $688 for a short period of time on Ethereum uniswap and is trading for 0.983 ETH for now. A large $ETH whale is continuously buying ezETH, holding 3915 $ezETH now. Address: https://t.co/SqgA6tpXaJ https://t.co/Bfz1aDkoJ1
#PeckShieldAlert #Liquidation $ezETH #RenzoRestakedETH https://t.co/SeWPh6owxY
⚠️ @magpieprotocol urges users to revoke Magpie contracts. Rabby has sent warnings to users who have approvals for Magpie contracts. Please open your Rabby Mobile app or Rabby extension to check if you're affected. If you see the warning, take immediate action to revoke risky… https://t.co/aJoWvgnSaD https://t.co/HLwkzVAExZ
#CertiKInsight 🚨 We have seen an exploit involving @magpieprotocol contracts. Exploiter wallet has ~$128k worth of assets from multiple chains. Contracts to Revoke can be seen below https://t.co/OJ0Nk4mYf9
#PeckShieldAlert @magpieprotocol has warned users to remove their approvals from Magpie contracts. The scammer has already stolen $128K worth of cryptos https://t.co/uwfiSm0vTs
Attention: Warning about Scammers! To all users with any approval and funds in their wallets should remove their approvals to Magpie contracts now. Please take immediate action to revoke the approval by visiting https://t.co/6AF1lq0kEi. We are actively assessing the scope of…
🚨 Update: Anyone with any approval (+funds in the wallet) should remove their approvals from https://t.co/x4W5tmQ9p8 Find the contract addresses of magpie(to be revoked) in the tweet 👇 https://t.co/s2OIVe2Nxv