Pike Finance Hack

The USDC pool on Pike Beta was exploited by a hacker on April 26, 2024, resulting in the theft of 299,127 USDC. The exploit was facilitated by forged CCTP messages, allowing the attacker to drain USDC across Ethereum, Arbitrum, and Optimism chains. Protocol functions have been temporarily halted in response to the exploit.

The exploit targeted the USDC pool specifically on Pike Beta, with the hacker utilizing forged CCTP messages to drain USDC from multiple chains, including Arbitrum, and Optimism. However, assets on the Base chain and other chains remain unaffected by the exploit. After the exploit stolen funds were bridged the Ethereum mainnet and deposited to the tornado cash.

Exploiter:

0xAdaF1626…04C1d0

Exploiter tx example:

https://optimistic.etherscan.io/tx/0x12770a72…a890e2

https://arbiscan.io/tx/0x979ad9b7…87667f

Tornado deposits:

https://etherscan.io/address/0xadaf1626…04c1d0