mamo

The decentralized lending protocol Moonwell is investigating issues affecting the MAMO Core Market on Base. Security firms CertiK and PeckShield have flagged a multi-million dollar exploit incident, estimating losses of approximately $8.7 million.Moonwell stated on X that as a precaution, the borrowing limit for all Core Markets on Base has been set to 1 wei, and the supply limits for MAMO and WELL have also been set to 1 wei. PeckShield noted that the attacker aggregated stolen funds to an address for the DAI stablecoin; CertiK indicated that the attacker manipulated the collateral price of the low liquidity MAMO token and then borrowed real cbBTC from the mCBTC market to carry out the attack, with Blockaid also identifying the same attack mechanism.As a result, the WELL token dropped about 13% in 24 hours, while MAMO fell about 9%. This exploit incident is part of a period of frequent DeFi vulnerabilities since April, during which multiple protocols have been hacked for over $600 million, with the largest being a $292 million exploit of Kelp DAO.

According to monitoring by Catcher Predict, in the event "MLB Season ERA Leader" on the prediction market Polymarket, the "Yes" option for the sub-market "Yoshinobu Yamamoto" has experienced a dramatic fluctuation in winning probability, soaring from 3.4% an hour ago to the current 30.35% (a fluctuation of 26.95%). Please note the impact of related breaking news.

ChainCatcher news, according to official sources, Coinbase will add support for Mamo (MAMO) on the Base network.If liquidity conditions are met, trading will begin on August 6, 2025, at 9 AM Pacific Time or later. Once there is sufficient supply of these assets, the MAMO-USD trading pair will be launched in phases.

ChainCatcher news, according to official news, Coinbase has listed MAMO on its coin listing roadmap.

ChainCatcher news, according to official information, Ripple announced today (May 19, 2025) that as the first institution to obtain a blockchain payment license from the Dubai Financial Services Authority (DFSA), it has partnered with Zand Bank and Mamo in the UAE to provide blockchain-driven cross-border payment solutions. This collaboration will enable round-the-clock fund flow, reducing payment settlement times to just a few minutes, significantly enhancing the efficiency of financial transactions in the UAE. Zand Bank also plans to launch an AED-backed stablecoin to further promote the development of the digital economy.

ChainCatcher news, according to the official announcement, Celestia has launched the mamo-1 public testnet, supporting a block size of 128MB and providing an unpermissioned data throughput of 21.33MB per second, which is 16 times the current 8MB block of its mainnet.The testnet consists of 21 validator nodes distributed in Amsterdam, Paris, and Warsaw, simulating a real-world network environment.

ChainCatcher news, the Coinbase Developer Platform (CDP) announced the winners of the CDP AI Hackathon, with the first prize going to Mamoriko, an AI agent project that can find optimized return strategies for USDC on Base; the second prize went to TweetBounty, an AI-driven social media marketing protocol; the third prize went to the open-source chatbot AgentKit. The decentralized reputation system BitMind won the Best Infrastructure Award.

ChainCatcher news, according to The Block, Web3 security company Mamori announced the completion of a $5 million seed round financing. This round was led by venture capital firm Blockchain Capital, with participation from Velocity Capital and Web3.com. Angel investors include Grigore Rosu, Daniel Lubarov, Alex Watts, Bo Du, Shujia Liang, Micheal Heinrich, and Antonio Viggiano.It is reported that Mamori is dedicated to enhancing Web3 security by developing an algorithm capable of detecting issues in blockchain software.