Moonwell Lost $1.78M After Smart Contract Bug Linked To AI-Generated Code
Moonwell, a DeFi lending protocol, suffered a significant monetary blow in the identical week when a crucial good contract bug mispriced the Coinbase Wrapped Staked Ether token (cbETH), permitting assailants and liquidation bots to empty the pockets and amass about $1.78 million of unhealthy debt. The preliminary autopsy evaluation reveals the logic error was added…
