Moonwell investigates lending market issue on Base as security firms flag multimillion-dollar exploit

The Block·

Moonwell investigates lending market issue on Base as security firms flag multimillion-dollar exploit

60-second summary

Security firms CertiK and PeckShield estimate losses of around $8.7 million after an attacker manipulated the collateral price of MAMO.

Security firms CertiK and PeckShield estimate losses of around $8.7 million after an attacker manipulated the collateral price of MAMO.