Massive Heist! Base Blockchain Falls Victim to Lending Contract Exploit

TL;DR An attack on the Base blockchain resulted in the theft of approximately $1 million through unverified loan contracts. The exploited vulnerability allowed for Wrapped Ether (WETH) price manipulation through excessive borrowing. Security firm Cyvers Alerts reported the incident, highlighting the need to improve security on DeFi platforms. On October 25, blockchain security firm Cyvers ...... source: https://crypto-economy.com/massive-heist-base-blockchain-falls-victim-to-lending-contract-exploit/