Moonwell lost roughly $8.7 million on Thursday after an attacker manipulated the price of MAMO, a small-cap token the lending protocol accepts as collateral on Base, and used the inflated position to borrow real assets. The protocol had no faster remedy than shutting itself down. Moonwell's… Read the full story at The Defiant
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Moonwell Loses $8.7 Million To MAMO Price Manipulation On Base
