🚨SlowMist Alert🚨 💸 @MoonwellDeFi Loss: ~$8.7M USD 🔍 Root Cause: The protocol relied on a MAMO price from a thin market. The attacker manipulated this price, making the collateral appear far more valuable than it really was. This allowed the attacker to borrow funds from the mUSDC and mcbBTC markets and profit from the inflated collateral value. 📌 Attacker: 0x719eae70d4a83f35bf82a2740699f5db84be919d 📌 Vulnerable Contract: 0xf877acafa28c19b96727966690b2f44d35ad5976 📌 Collateral Market: 0x2f90bb22eb3979f5ffad31ea6c3f0792ca66da32 Powered by http://SlowMist.AI Tx: https://basescan.org/tx/0x7a75fe55c60339173a77e9326ff0d614e4258d3281db2bf57bc60216d3647323(SlowMist)