Moonwell’s lending pools racked up about $1.78M in bad debt after a cbETH oracle mispriced the token at nearly $1 instead of around $2.2k, enabling bots and liquidators to drain collateral within hours of a misconfigured Chainlink-based update reportedly using…

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Moonwell’s AI-coded oracle glitch misprices cbETH at $1, drains $1.78M

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