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Moonwell hit by $1.78M exploit as AI coding debate reaches DeFi

Moonwell, a decentralized finance (DeFi) lending protocol active on the Base and Optimism ecosystems, was the target of a calculated exploit that netted attackers roughly $1.78 million. The root cause centered on a pricing oracle for Coinbase Wrapped Staked ETH (cbETH) that returned an anomalously l
WELL0.25%
CryptoBreaking·02-18 13:25
Moonwell hit by $1.78M exploit as AI coding debate reaches DeFi