🚨 $WELL SUFFERS $8.7M EXPLOIT ON BASE AS DAI DRAINED ON-CHAIN! 💣
PeckShield monitoring just confirmed an $8.7 million security breach targeting Moonwell on the Base network. 📉 The attacker systematically drained protocol assets, parking the stolen capital entirely in DAI on-chain. 🔍
When decentralized protocol reserves suffer a hit of this magnitude, liquidity typically contracts fast as confidence drains from the order book. ⚠️ Smart capital is tightening exposure while safety audits scramble to isolate the attack vector. 💬 Are you pulling liquidity from lending pools or standing by for official recovery updates? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #WELL #DeFi #Security #Crypto #Base
🚨 📉
PeckShield monitoring just confirmed an $8.7 million security breach targeting Moonwell on the Base network. 📉 The attacker systematically drained protocol assets, parking the stolen capital entirely in DAI on-chain. 🔍
When decentralized protocol reserves suffer a hit of this magnitude, liquidity typically contracts fast as confidence drains from the order book. ⚠️ Smart capital is tightening exposure while safety audits scramble to isolate the attack vector. 💬 Are you pulling liquidity from lending pools or standing by for official recovery updates? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #WELL #DeFi #Security #Crypto #Base
🚨 📉