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MOONWELL EXPLOITED FOR ~$8.7M
@MoonwellDeFi was exploited on Base, with losses estimated at around $8.7M.
WHAT HAPPENED?
The attacker manipulated the price of $MAMO, an illiquid collateral asset, artificially inflating its borrowing power.
Assets reportedly drained included $cbBTC, $USDC and ETH-related assets.
This was primarily a collateral/oracle price-manipulation attack, not a simple "MAMO hack."
Moonwell restricted borrowing and supply limits on affected Base markets while investigating.
KEY LESSON: Low-liquidity collateral + weak oracle design can create major DeFi risk. Oracle security
WELL-19.29%
USDC-0.01%
ETH0.68%
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BREAKING: Ripple recommends XRP Ledger community withdraw XLS-38 native bridge amendment, citing Axelar for EVM Sidechain.
@Ripple
XRP1.97%
WAXL-0.58%
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#EventContracts1%Reward Event Contracts Carnival: 1% Trading Rewards Meet a $200,000 Prize Pool
Gate’s Event Contracts Carnival is now underway, turning short-term market predictions into a trading-volume competition. The campaign runs from August 26 to September 2, with a total 200,000 USDT reward pool across four incentive tracks. The official announcement confirms that the event covers newcomer benefits, peak trading rewards, tiered daily volume rewards and daily check-in sharing.
The headline incentive is the 1% trading-volume reward. The peak leaderboard carries a 100,000 USDT prize pool
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FenerliBaba:
2026 GOGOGO 👊
I haven’t been adapting well to Hong Kong these past two days—ate some gossip🍉 and have had diarrhea ever since.
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Goal: Turn 100U into 100,000U in 100 days. Day 8: 2,700U.
Manage risk, pursue steady returns; short high, long low.
I didn’t know how to read charts or identify entry points during my first two years, and lost tens of thousands of U for nothing.
I re-entered the market this August. Starting with a 100U deposit, I reached 2,700U in 8 days—a 27x return.
The goal is to challenge myself to turn 100U into 100,000U in 100 days.
Follow me and let’s work hard together. With just a few months left in 2026, I’m going to reclaim everything that belongs to me!
Let’s work hard together and turn our lives a
ETH0.68%
BTC1.54%
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I can miss you openly
but I can’t love you openly
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solana:zj1jpp7QMveWHLs61vL9KMZf254KvW7j4AAmBF8ry2k
zj1jpp7QMveWHLs61vL9KMZf254KvW7j4AAmBF8ry2k
#crypto
SOL6.35%
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$RUNE RUNE/USDT Perp – "Breakdown Below Support – Short"**
**Trading Plan Short $RUNE
Entry: 0.5050 – 0.5080
SL: 0.5120
TP1: 0.4980
TP2: 0.4950
RUNE is down -13.67% at 0.5016, trading below the EMA10 (0.5044) and EMA30 (0.5109). MACD is bearish. The 0.5168 yellow line is resistance. TP targets the 0.4970 low. SL above 0.5120.
RUNE-11.43%
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#TopFiveLeaguesPreMatchPredictor
⚽ Lille vs Paris Saint-Germain — Ligue 1 Matchday 2
📅 August 29, 2026
⏰ 02:45 UTC+8
🏟️ Decathlon Arena – Stade Pierre-Mauroy, Lille
🔥 A Huge Early-Season Test in France
Ligue 1 delivers an immediate heavyweight clash as Lille host defending champions Paris Saint-Germain in one of the most attractive fixtures of Matchweek 2. Both teams have plenty to prove, but they arrive with completely different emotions after the opening weekend.
Lille made an excellent start, beating Angers 2-0 away from home, while PSG were forced to fight back from a two-goal deficit
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WhaleX:
Ape In 🚀
She won't sell out love💓 🌈
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I did absolutely nothing—just went to the bathroom, and when I came back, the candlesticks had already done the work for me. As for this move in $LINK , all I can say is the market makers are more diligent than I am.
When I opened the chart this morning, I saw that after the pullback, it had firmly reclaimed the key level, with buying pressure getting stronger wave after wave. That’s a classic signal of funds entering the market, so I didn’t hesitate and opened a long position directly.
Entered at 9.423, now at 11.743, with unrealized gains of +1747.45% in the account. Those who were on board s
LINK2.62%
SNDK-6.24%
BTC1.49%
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Even Powell would have to pull an all-nighter to learn from this! What the Fed wouldn’t dare do
$BTR The project team did it all! 🖨️💸
Folks, I’ve seen shameless, but I’ve never seen anyone run the money printer until it belched black smoke! Look at this chart: for an entire month, $BTR lay there like a dead dog, with its daily turnover not even enough to hand out to beggars.
Then it pumped 6x over the past two days—and wow, the project team’s “infinite money bug” was triggered directly! It minted $1.61M the day before yesterday and $1.11M yesterday.
Today, it casually minted another $611K!
BTR3.34%
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HuangZizhao:
They are burned on the ETH chain and then added as BSC chain tokens.
This price action is so straightforward I don’t even have to think—the account is dancing on its own. To be honest, when I entered, I wasn’t expecting it to show me this much favor so quickly.
When it plunged intraday, $LAYER seemed to bounce, but every push upward fell just short, with ridiculously weak buying support. Once I saw the clear resistance overhead, I decisively opened a short. After grinding around for ages, it finally plunged—I'd feel embarrassed not to take the money.
Entered at 0.08946, now at 0.06856, with +457.58% secured. As for profits, only what’s taken off the table is re
LAYER0.72%
BTC1.49%
SNDK-6.24%
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8.28 ETH Analysis
ETH is currently under pressure at the lower Bollinger Band at 2481, with seller depth dominating. RSI6 has entered the oversold zone, but no bullish divergence has emerged. The MACD has formed a bearish crossover below the zero line and is diverging, with bearish momentum continuing to be released. The funding rate has turned negative, and perpetual futures are trading at a discount, indicating insufficient market willingness to go long.
The correlation with BTC remains strong (30-day correlation coefficient of 0.89). BTC is facing resistance at the 80000 round-number level;
ETH0.68%
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LIve now with market updates
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CryptoShine:
nice streaming
📰 Gate Square Daily | August 28
Catch up on today’s biggest stories in one minute.
👇 Which story are you watching most closely?
Join the conversation on Gate Square.
https://www.gate.com/post
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Gate_Square
📰 Gate Square Daily | August 28
Catch up on today’s biggest stories in one minute.
👇 Which story are you watching most closely?
Join the conversation on Gate Square.
https://www.gate.com/post
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CryptoMishu:
To The Moon 🌕
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JUST IN: BTC OG insider whale signals re-accumulation of ETH and staking during the next consolidation phase. If this plays out, it could shift near-term demand dynamics for ETH. $ETH
BTC1.54%
ETH0.68%
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Absolutely Insane🥵
BlackRock has maintained a strong net-buying streak in bitcoin:native and $ETH for eight consecutive trading sessions.
They have accumulated a total of 27,722 bitcoin:native (worth $2.2 billion) and 385,633 $ETH (worth $961 million).
The large-scale absorption driven by institutional inflows continues to reinforce solid demand in the market.
BLK-0.60%
BTC1.54%
ETH0.68%
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DIGITIMES: As AI server shipments continue to grow, not only advanced packaging but even traditional packaging is expected to face supply shortages.
In particular, wire bonding equipment used in traditional packaging is becoming increasingly tight. The market is dominated by Kulicke & Soffa (K&S) and ASMPT, whose tools are also extremely difficult to replace.
We are now in the unexpected situation where even traditional packaging capacity has to be secured early through upfront cash commitments and established business relationships.
ASMPT-0.96%
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[New streamer] BlackRock deploys 200 USDT millons institutions are
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