Moonwell Base cbBTC Market Holds Only $1.72 in Withdrawable Cash
Key Highlights: A supplier in Moonwell’s Base cbBTC Core market submitted a formal governance request demanding a remediation plan and clear timeline from the protocol’s contributor team and risk manager Anthias Labs. The request follows an August 27 exploit of the MAMO market that left Moonwell’s cbBTC pool on Base burdened with substantial bad debt. ...