Cyvers Alerts: Multiple Suspicious Transactions on Base Network, Hackers Profit Approximately $1.45 Million in Total

Multiple suspicious transactions involving unverified lending contracts were seen on the Base network today, October 25, according to Cyvers Alerts monitoring, with the attackers initially making one suspicious transaction and profiting approximately $993,000 from these unverified contracts. The majority of these tokens were cross-chained to Ether, with approximately $202,000 deposited into Tornado Cash, and the attackers utilized the same vulnerability to gain an additional $455,000. The root cause appears to be the manipulation of the price of WETH through excessive borrowing.