🚨 Moonwell just halted all new borrowing on Base after reports of a potential $8.7M exploit
They're investigating now but this is classic DeFi drama — funds allegedly drained, lending paused, everyone's watching
If you're in $WELL or farming on Base, stay sharp. These "investigations" can go either way:
• Legit exploit → protocol rekt, token dumps
• False alarm → quick recovery, maybe even a bounce
Either way, risk-off until clarity drops. Don't be exit liquidity.
They're investigating now but this is classic DeFi drama — funds allegedly drained, lending paused, everyone's watching
If you're in $WELL or farming on Base, stay sharp. These "investigations" can go either way:
• Legit exploit → protocol rekt, token dumps
• False alarm → quick recovery, maybe even a bounce
Either way, risk-off until clarity drops. Don't be exit liquidity.