
Moonwell Exploit Linked to $8.7M Loss and MAMO Price Pump
PeckShield estimates $8.7 million in losses after an attacker manipulated MAMO collateral pricing. Moonwell cut borrowing caps across Base Core Markets to 1 wei, effectively stopping new loan
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PeckShield estimates $8.7 million in losses after an attacker manipulated MAMO collateral pricing. Moonwell cut borrowing caps across Base Core Markets to 1 wei, effectively stopping new loan
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Decentralized finance lending protocol Moonwell has suffered an exploit on Base with estimated losses of approximately $8.7 million, according to blockchain security researchers monitoring th

Moonwell was hit by an estimated $9 million oracle manipulation attack on Base after exploiters inflated the price of thinly traded MAMO collateral and used the artificial valuation to borrow

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