Moola Market, the Celo ecological lending agreement, was exploited and lost about $8.4 million and ceased operations. The attacker used 243,000 CELO tokens from Binance and in turn lent 60,000 CELOs to Moola to borrow 1.8 million MOOs as collateral, and continued to use the borrowed MOOs as collateral through a A series of other DeFi lending protocols lend tokens. The attackers netted 8.8 million CELOs (~$6.5 million), 765,000 cEURs (~$700,000), 1.8 million MOOs (~$0.6 million), and 644,000 cUSD (~$600,000). Moola Market said its team is actively investigating the incident and all activity on the platform has been suspended, while Moola advises users not to trade mTokens.