Moonwell slashes borrow caps to 1 wei after MAMO price manipulation exploit on Base

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Moonwell loses $8.7 million in MAMO price manipulation exploit on Base

DeFi lending protocol Moonwell suffered an $8.7 million exploit after an attacker manipulated the price of MAMO token to borrow real assets against inflated collateral, prompting the protocol to set borrow caps to 1 wei across Base markets.

Aug 27, 20267 sourcesCrypto hacks Layer 2s DeFi security DeFi lending DeFi

Moonwell loses $8.7 million in MAMO price manipulation exploit on Base

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Moonwell Loses $8.7 Million To MAMO Price Manipulation On Base

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Attackers hit Moonwell for almost $9M in price manipulation exploit - Cryptopolitan

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Moonwell Lost $8.7 Million Without a Single Line of Code Being Hacked

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Defi Lending Protocol Moonwell Hit by $9M Exploit

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