On April 27th, Pike Finance, a cross-chain lending protocol, announced on social media that the USDC mining pool on the Pike Beta test version was hacked at 8:13 on April 26th Beijing time, resulting in the theft of 299,127 USDC. The root cause of the incident was a forged CCTP message that caused USDC on Ethereum, Arbitrum, and Optimism chains to be depleted, while USDC and other assets on the Base chain were not affected. The team has temporarily suspended protocol functions and is working with two audit partners to address the vulnerability and propose a plan to ensure that all affected users can quickly recover.