Moonwell was attacked on the Base chain, losing over $4 million cbBTC

On 27 August, according to Blockaid monitoring, a loophole used the detection system to detect suspicious activity at Moonwell on the Base chain. By manipulating the price of the MAMO collateral, the attackers borrowed cbBT from the mCBTC market, and an impact of 50.6 cbBT (value over $4 million) has been observed。