2 sourcesTracking since 27 Aug, 11:35
Moonwell slashes borrow caps to 1 wei after MAMO price manipulation exploit on Base
Chronological coverage
First seen27 Aug, 11:35Moonwell slashes borrow caps to 1 wei after MAMO price manipulation exploit on Base
Moonwell's drastic borrow cap reduction underscores the critical need for robust oracle security to prevent future DeFi vulnerabilities.
CryptoBriefing•Editorial Team
Latest27 Aug, 16:54Moonwell Loses $8.7 Million To MAMO Price Manipulation On Base
The lending protocol cut borrow caps on every Base core market to 1 wei after an attacker inflated the price of a thinly traded collateral token and borrowed against it.
The Defiant•The Defiant Team