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Moonwell, a multi-chain lending protocol, was exploited through flawed oracles and pricing data. The platform lost around $1M just a day after the larger Balancer hack. Moonwell, the multi-chain ...
A price-oracle setup misconfigured by DeFi lender Moonwell briefly valued Coinbase Wrapped ETH (cbETH) at about $1 instead of roughly $2,200, leaving the protocol with nearly $1.8 million in bad debt.
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