Blockchain News
Moonwell Exploit Unveils Critical DeFi Security Flaws: $1M Loss on Base Protocol
The decentralized finance (DeFi) landscape recently witnessed another significant incident. A **Moonwell exploit** has shaken the Base ecosystem. This incident resulted in a substantial $1 million loss for the Base-native lending protocol, Moonwell (WELL). Web3 security firm CertiK quickly identified and reported the breach. This event underscores ongoing challenges within **DeFi security** and highlights the […]
