According to Odaily Planet Daily, the decentralized lending protocol Minterest posted a message on X saying that the team is currently investigating the attack on Minterest. As a precautionary measure, the Supply & Borrow operation on the Minterest App has been temporarily suspended, and Repay & Withdraw remains open.

At this point, the attacker cannot take further action. Officials are working to resolve the issue and will resume full operations soon. According to Chaofan Shou, co-founder of fuzzland, Minterest has lost $1.4 million.