Moonwell’s third oracle malfunction in six months saw the price of cbETH set at $1.12 instead of $2,200, leading to 1096 cbETH liquidated.
DeFi, meet Claude: Moonwell’s ‘vibe-coded’ oracle in $1.8M blowup
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Moonwell’s third oracle malfunction in six months saw the price of cbETH set at $1.12 instead of $2,200, leading to 1096 cbETH liquidated.