$OUSD

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Total Engagement - Comments: 7, Retweets: 23, Likes: 116, Impressions: 2094

Verbatim Community Citations & Social Evidence 1 source posts analyzed

@cryptojack

Source Post ↗

Moonwell has fallen victim to an $8.7 million exploit. The attacker artificially inflated the price of the illiquid MAMO token, used it as overvalued collateral, and withdrew more liquid assets from the protocol, including cbBTC, USDC, wstETH, and ETH. According to CertiK, the

AI visual note: CertiK Alert tweet reporting an $8.7M exploit of Moonwell DeFi on Base, where the attacker manipulated MAMO's collateral price to borrow real cbBTC, with funds aggregating at address 0xD71d on Etherscan.

❤️ 1 likes · 🔁 0 retweets · 💬 3 comments 👁️ 1.6K views

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