← All stories
Security 1 sources

Moonwell MAMO exploit drains $8.7M in cbBTC after collateral manipulation

Covered by 1 source · 1 article

Another day, another DeFi lending exploit — but this one didn’t need a single line of malicious code. On August 27, decentralized lending protocol Moonwell lost roughly $8.7 million after an attacker figured out how to game the price of one…

Covered by

All coverage

Moonwell MAMO exploit drains $8.7M in cbBTC after collateral manipulation
Cryptonomist 3h ago

Moonwell MAMO exploit drains $8.7M in cbBTC after collateral manipulation

Another day, another DeFi lending exploit — but this one didn’t need a single line of malicious code. On August 27, decentralized lending protocol Moonwell lost roughly $8.7 million after an attacker figured out how to game the price of one…