Moonwell loses $1.78M in oracle mishap
Moonwell was exploited for about $1.78 million after a governance proposal misconfigured a price oracle, causing Coinbase Wrapped Staked ETH to be valued at roughly $1.12 instead of about $2,200.

Jon is a former international magazine editor with a strong background in business publications (print and digital) in the Middle East and Australia.
Moonwell was exploited for about $1.78 million after a governance proposal misconfigured a price oracle, causing Coinbase Wrapped Staked ETH to be valued at roughly $1.12 instead of about $2,200.
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