🚨 $cbBTC DRAINS FROM MOONWELL AS ATTACKERS EXPLOIT COLLATERAL PRICING! 📉
On-chain monitoring flagged suspicious exploit activity targeting Moonwell on Base, resulting in over 50.6 $cbBTC worth more than $4M drained. 📊 The attacker manipulated $MAMO collateral valuations to borrow high-tier assets against artificially inflated collateral depth.
Illiquid collateral pairing remains a massive blind spot for lending markets lacking stringent price caps or robust oracle filters. 💡 Smart money takes notice whenever oracle anomalies create asymmetric vulnerability in automated liquidity pools. 🔍
🤔 Are low-liquidity collateral assets becoming the biggest systemic risk for DeFi protocols this year? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #cbBTC #DeFi #Base #CryptoExploit #Security
⚠️ 🚨
On-chain monitoring flagged suspicious exploit activity targeting Moonwell on Base, resulting in over 50.6 $cbBTC worth more than $4M drained. 📊 The attacker manipulated $MAMO collateral valuations to borrow high-tier assets against artificially inflated collateral depth.
Illiquid collateral pairing remains a massive blind spot for lending markets lacking stringent price caps or robust oracle filters. 💡 Smart money takes notice whenever oracle anomalies create asymmetric vulnerability in automated liquidity pools. 🔍
🤔 Are low-liquidity collateral assets becoming the biggest systemic risk for DeFi protocols this year? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #cbBTC #DeFi #Base #CryptoExploit #Security
⚠️ 🚨