The DeFi protocol Blueberry is currently facing an ongoing exploit, leading to efforts to pause the protocol. The Blueberry Foundation has acknowledged the exploit, stating it was front-run according to Peckshield, and advised users who can interact directly with the contracts to withdraw their funds. The front end of the protocol is down. BlockSecTeam's initial analysis suggests that the root cause of the attack is the use of inconsistent logic for token price normalization, involving a mismatch between the price sources and their respective normalization methods.
Fraudsters hacked the Blueberry DeFi protocol and advised users to withdraw money. https://t.co/GZpFYfr4kK
.@blueberryFDN was attacked. Our initial analysis suggests that the root cause is the use of inconsistent logic for token price normalization; it involves a mismatch between the price sources and their respective normalization methods. https://t.co/PQ4GmsHkN3 https://t.co/o4w2Dehgml
🚨Defi protocol Blueberry is suffering an ongoing exploit and is scrambling to pause protocol. More details to come.