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TechFlow, Nov. 4 — According to CertiK Alert monitoring, the Moonwell lending protocol suffered multiple attack transactions. The attacker exploited incorrect oracle data, using a flash loan of only about 0.02 wrstETH and depositing it to repeatedly borrow over 20 wstETH. By exploiting the erroneous wrstETH price returned by the oracle (approximately $5.8 million), the attacker ultimately profited 295 ETH, worth around $1 million.
According to CertiK Alert monitoring, the Moonwell lending protocol suffered multiple attack transactions. The attacker exploited incorrect oracle data, using a flash loan of only about 0.02 wrstETH and depositing it to repeatedly borrow over 20 wstETH. By leveraging the erroneous wrstETH price returned by the oracle (approximately $5.8 million), the attacker ultimately profited 295 ETH, worth around $1 million.
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