Mercado Bitcoin hackers are using DeFi platforms like CowSwap to swap PENDLE for ETH

According to monitoring by Arkham, the Mercado Bitcoin hacker is swapping PENDLE for ETH through CowSwap and 1inch. In the past hour, this address has transferred over 760,000 PENDLE, worth approximately 1.3 million USD.

As of now, the CowSwap and 1inch platforms have seemingly not taken effective measures to stop the related hacking activities, raising concerns in the community about DeFi protocols being used to handle and transfer stolen funds.