The Block (@TheBlockCo): NEW: Moonwell is investigating an issue affecting the MAMO Core Market on Base after security firms reported an $8.7 million exploit.
Estimated coin impact
Scores are not price-change percentages. High impact means a score of +70 or more, or -70 or less.
NEW: Moonwell is investigating an issue affecting the MAMO Core Market on Base after security firms reported an $8.7 million exploit. The attacker allegedly manipulated MAMO collateral pricing to borrow cbBTC, with Moonwell restricting new borrowing as a precaution.