According to Foresight News, Pike Finance, a cross-chain lending protocol, has reported a hacker attack on its Pike Beta's USDC pool. The attack affected a total of 299,127 USDC. The root cause was fraudulent CCTP messages that depleted the USDC on the Ethereum, Arbitrum, and Optimism chains. However, the USDC and other assets on the Base chain were not affected.
The official team has temporarily suspended the protocol's functions and is currently working with two audit partners to address this vulnerability. They will propose a plan to ensure that all affected users are restored as soon as possible.