Moonwell Locks Base Borrowing After $8.7M MAMO Attack
Attackers extracted roughly $8.7 million from Moonwell after artificially inflating the price oracle of the low-liquidity MAMO token, then using it as...
Aug 27open_in_new
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Attackers extracted roughly $8.7 million from Moonwell after artificially inflating the price oracle of the low-liquidity MAMO token, then using it as...
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 b...

Moonwell's drastic borrow cap reduction underscores the critical need for robust oracle security to prevent future DeFi vulnerabilities. The post Moon...