DeFi protocol Blueberry pauses lending following mystery exploit

The DeFi lending and leverage protocol urged users to withdraw funds immediately when it first discovered the exploit.

Decentralized finance protocol Blueberry has managed to pause its protocol after a mad dash to limit potential damage from an “ongoing exploit” on Friday. 

In a Feb. 23 post on X, the Blueberry Protocol Foundation reported that it was suffering an “ongoing exploit,” though it appeared to have already been front-run by the so-called whitehat hacker “c0ffeebabe” according to blockchain security firm PeckShield.

In a separate post, it advised users to withdraw their funds from Blueberry lending markets and was “pausing the protocol as quickly as possible.”

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