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SlowMist
@SlowMist_Team
SlowMist is a Blockchain security firm established in 2018, providing services such as security audits, security consultants, red teaming, and more.
Joined April 2018
410 Following    90.5K Followers
๐ŸšจSlowMist Alert๐Ÿšจ ๐Ÿ’ธ @MoonwellDeFi Loss: ~$8.7M USD ๐Ÿ” 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. ๐Ÿ“Œ Attacker: 0x719eae70d4a83f35bf82a2740699f5db84be919d ๐Ÿ“Œ Vulnerable Contract: 0xf877acafa28c19b96727966690b2f44d35ad5976 ๐Ÿ“Œ Collateral Market: 0x2f90bb22eb3979f5ffad31ea6c3f0792ca66da32 Powered by Tx:
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