Moonwell lending contract attacked, attacker profits 295 ETH
Jinse Finance reported that on November 4, according to CertiK monitoring, the Moonwell lending contract suffered multiple attack transactions. The attacker exploited an incorrect oracle return of the wrst price (about $5.8 million), using a flash loan of only about 0.02 wrstETH and depositing it, repeatedly borrowing more than 20 wstETH, and profiting 295 ETH (about $1 million).
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Client nodes, console, and API were not modified; Chainstack discloses attacker used the ARTEX framework

Elon Musk changes his stance! Tesla (TSLA.US) delays Cybertruck production halt to late summer 2027, just two days after suggesting “refund deposits”
Elon Musk stated that Cybertruck production will be extended until late summer 2027 to clear the order backlog, and Tesla's stock price rose by about 4%.

Japanese dovish policymaker urges "slow down": Price increases are not driven by demand, rate hikes may drag down the economy and inflation
Toichiro Asada, a member of the Bank of Japan's Policy Board, stated that the central bank needs to remain cautious and closely monitor the impact of rate hikes on the economy, as rising interest rates pose the risk of suppressing the inflation trend.


