Base's Moonwell has been attacked, resulting in significant losses of over $4 million worth of cbBTC. The incident highlights the ongoing security risks faced by cryptocurrency projects and their users.
The attack on Base's Moonwell is a stark reminder that even well-established platforms are not immune to cyber threats. The loss of cbBTC tokens underscores the importance of robust security measures in the crypto ecosystem.
More on Crypto
Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.
Market sentiment intelligence for apps, funds & agents
Location
729 55 Ave SW
Calgary AB T2V 0G4
Canada
© 2026 Guavy Inc
