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

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

• Moonwell hit by $1.78M exploit as AI vibe coding debate reaches DeFi The exploit saw the Moonwell protocol exploited for $1.78 million after cbETH was mispriced at $1.12 instead

FinTech · February 18, 2026 (updated February 24, 2026) · 2 min · 237 words

DeFi lending protocol Moonwell hit with $1.8 million bad debt after oracle misconfiguration

• Moonwell confirmed roughly $1.8 million in bad debt after a misconfigured oracle priced cbETH incorrectly and triggered liquidations.

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

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

• 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