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

In recent developments, the exploit saw the Moonwell protocol exploited for $1.78 million after cbETH was mispriced at $1.12 instead of roughly $2,200, intensifying debate around AI-co-authored smart contracts. Looking…

Oracle Error Leaves DeFi Lender Moonwell With $1.8 Million in Bad Debt

In recent developments, the error allowed liquidators to repay roughly $1 of debt to seize cbETH collateral, leaving Moonwell with nearly $1.8 million in bad debt. Looking closer, market participants…