Just revealed a security incident! The decentralized lending protocol Moonwell was attacked, resulting in losses of $9 million. This attack directly impacted the cbBTC lending market.
According to security firm tracking, the attacker exploited a vulnerability in the protocol to carry out the operation, damaging the cbBTC-related lending pools and putting users’ funds at risk. The project team has already paused the relevant services, and is now investigating the vulnerability and handling the aftermath.
Recently, security incidents have been frequent in the DeFi space. Even audited protocols may still have vulnerabilities. Remind all users participating in DeFi lending to closely monitor project updates, manage positions carefully, and avoid blindly placing funds into high-risk protocols.
$BTC #加密货币 #DeFi safety
According to security firm tracking, the attacker exploited a vulnerability in the protocol to carry out the operation, damaging the cbBTC-related lending pools and putting users’ funds at risk. The project team has already paused the relevant services, and is now investigating the vulnerability and handling the aftermath.
Recently, security incidents have been frequent in the DeFi space. Even audited protocols may still have vulnerabilities. Remind all users participating in DeFi lending to closely monitor project updates, manage positions carefully, and avoid blindly placing funds into high-risk protocols.
$BTC #加密货币 #DeFi safety