A Sunday morning pricing glitch turned into a multimillion-dollar headache for the DeFi lending platform Moonwell, after a "misconfigured oracle" briefly valued ...
A critical oracle pricing glitch has left decentralized lending platform Moonwell grappling with nearly $1.8 million in bad debt. A misconfigured oracle briefly valued Coinbase Wrapped ETH (cbETH) at ...
Aave's oracle misconfiguration caused $27M in wstETH liquidations on March 10. Chaos Labs confirms full user compensation and no protocol bad debt.
Welcome back to another edition of the weekly Windows 10 news recap. On Monday, April 20th, we learned that Windows 10 will launch in July . According to AMD’s CEO, Microsoft is looking to launch the ...
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A 2.85% pricing mismatch in wstETH triggered about $27 million in liquidations on Aave, revealing how oracle configurations and risk parameters can affect DeFi lending markets.
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Aave oracle glitch causes $27 million liquidation cascade
Aave oracle glitch on Lido's staking derivative, wstETH, has caused massive liquidations totaling $27 million.
Add Decrypt as your preferred source to see more of our stories on Google. A misconfigured oracle priced cbETH at about $1 instead of roughly $2,200. Liquidations seized 1,096.317 cbETH and wiped out ...
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