Moonwell's lending contract suffered an attack resulting in a profit of 295 ETH for the perpetrators. According to CertiK monitoring, the attackers executed multiple transactions exploiting a faulty oracle that returned an incorrect wrst price, valued at approximately $5.8 million. By flash-borrowing around 0.02 wrstETH and depositing it, the attackers managed to repeatedly borrow over 20 wstETH, leading to their substantial profit.
Moonwell Lending Contract Exploited, Attackers Gain 295 ETH
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