Security
Moonwell investigates lending market issue on Base as security firms flag multimillion-dollar exploit
The Block·August 27, 2026·1 min read
Moonwell is investigating a lending market issue on Base as security firms CertiK and PeckShield estimate losses of around $8.7 million. An attacker manipulated the collateral price of MAMO, leading to the exploit. The investigation is ongoing to address the vulnerability.
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