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Moonwell hit by governance attack — $1.08M at risk for $1,800 spend
An attacker spent about $1,800 on MFAM to push a malicious Moonwell proposal that could seize control of seven markets and $1.08m in assets, testing its veto and governance defenses. An unknown attacker on March 26 spent approximately $1,800 to…
crypto.news·11d ago
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Moonwell Faces Governance Attack as $1.08 Million in User…
How Did a $1,800 Trade Put Over $1 Million at Risk? Decentralized lending protocol Moonwell is facing a live governance attack on its Moonriver deployment after an attacker acquired enough voting power to push through a malicious proposal that could drain protocol funds. The atta...
Finance Feeds·11d ago
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