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Moonwell’s $1.12 nightmare: A pricing glitch just let bots seize millions in ETH collateral

POL February 18, 2026 1 minute read

Moonwell's $1.12 nightmare: A pricing glitch just let bots seize millions in ETH collateral

A misconfigured Chainlink price oracle on DeFi lender Moonwell briefly valued Coinbase Wrapped ETH (cbETH) at about $1 instead of roughly $2,200. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data Read More

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