According to Odaily Planet Daily, Minterest released an update on the recent security incident: On July 14, Minterest suffered a security incident on Mantle, and the protocols on the Ethereum and Taiko networks were not affected. The team is actively resolving the problem and strengthening the security of the platform. The vulnerability targets the USDY token smart contract, and other token market smart contracts are not affected. A total of $1.4 million in mETH and WETH were stolen during the period. The team has suspended platform operations, contacted exchanges to mark wallet addresses, worked with security companies, tried to contact the attackers, posted bounty tasks on Arkham, and conducted security audits. The next plan includes correcting the USDY contract status, returning fees to liquidated users, and remediating WETH/mETH suppliers.