@ethernews
Moonwell lending market on Base suffers $8.7 million exploit via MAMO collateral manipulation
An attacker exploited a price manipulation vulnerability in Moonwell's Base deployment, draining millions in user collateral and highlighting risks in newer lending protocols across Ethereum's L2 ecosystem.
https://ethernews.org/story/moonwell-lending-market-on-base-suffers-87-million-03601fcfc3