Moonwell hacked
DeFi lending protocol Moonwell on Moonriver is reportedly facing a governance attack. An attacker acquired MFAM tokens to propose and pass a vote to transfer administrative control, aiming to extract approximately $1.08 million in user funds. While "No" votes have gained traction, the final outcome is pending.
- Estimated loss
- $1,080,000
- Protocols
- Moonwell
- Chains
- Moonriver
- Confidence
- High
- First seen
- 24 Mar 2026, 00:00 UTC