Topic
oracles
3 stories
Moonwell drained for about $8.7 million in a MAMO price-manipulation attack — its fourth pricing failure in under a year
An attacker inflated the price of the thinly traded MAMO token on Base, borrowed against it and drained roughly $8.7 million from Moonwell's lending markets, forcing a protocol-wide borrowing freeze.
One wallet's yield trade, a 3% dip, and $36.4M of Morpho liquidations
A single wallet's yield-token trade knocked PT-reUSD down about 3%, triggering roughly $36.4 million in liquidations on Morpho against looped positions that had under 3% of headroom.
Ostium says $23.75M vault drain came from breached off-chain systems, not its contracts
Onchain perpetuals venue Ostium says its July 15 loss of 23.75 million USDC came from a breach of off-chain infrastructure used to feed fraudulent BTC-USD prices, not from its contracts.