PANews reported on July 15 that the cross-chain lending protocol Minterest said on the X platform that it is currently investigating a vulnerability on Minterest. As a precautionary measure, the team has suspended the supply and borrowing functions on the Minterest application. Currently, the attacker cannot take further action. The team is working hard to resolve this issue and will resume full operations soon.

According to Chaofan Shou, co-founder of fuzzland, the attacker used flash loan attacks, causing the protocol to lose approximately US$1.4 million.