BREAKING 🚨
Moonwell suspends new borrowing on Base after $8.7 M DAI hack 🔒
The MAMO Core Market was flagged and borrowing was paused. PeckShield identified a smart‑contract flaw that drained the funds. Approximately $8.7 million in DAI left the pool. The team is investigating and users should monitor their positions.
Further updates will follow as the audit progresses 📢
$MOVR, $VET, $MOVR
Moonwell suspends new borrowing on Base after $8.7 M DAI hack 🔒
The MAMO Core Market was flagged and borrowing was paused. PeckShield identified a smart‑contract flaw that drained the funds. Approximately $8.7 million in DAI left the pool. The team is investigating and users should monitor their positions.
Further updates will follow as the audit progresses 📢
$MOVR, $VET, $MOVR
