Moonwell lending contract attacked, attackers profit 295 ETH.-ABC NEWS:Building Your Future, Block by Block

Moonwell lending contract attacked, attackers profit 295 ETH.

on November 4th, according to CertiK monitoring, the Moonwell lending contract was attacked multiple times. The attacker used the wrong price returned by the oracle (about $5.8 million), borrowed only 0.02 wrstETH through flash loans, repeatedly borrowed more than 20 wstETH, and profited 295 ETH (about $1 million).

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