The error allowed liquidators to repay roughly $1 of debt to seize cbETH collateral, leaving Moonwell with nearly $1.8 million in bad debt.
While AI-powered tools are getting better at coding, errors still occur and can cost millions, as an example from this week ...
A misconfigured Chainlink price oracle on DeFi lender Moonwell briefly valued Coinbase Wrapped ETH (cbETH) at about $1 instead of roughly $2,200.
Is permissionless DeFi fading? Know how compliance layers, KYC in smart contracts, and compliant pools are reshaping ...
As liquidity continues to fragment across chains, pressure is building to re-aggregate it elsewhere. Unified terminals could mediate 40% of DeFi trading volume by 2030.
At Consensus Hong Kong 2026, industry leaders from Paradigm and Blockdaemon argue that temporary centralization is not a ...
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