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The Block
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Feb 18, 2026 12:03
DeFi lending protocol Moonwell hit with $1.8 million bad debt after oracle misconfiguration (The Block)
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Timeline
Mar 19, 11:18
The Venus protocol was attacked, resulting in bad debt.
Mar 19, 08:36
The THE market on Venus was attacked, resulting in $2.15 million in bad debt.
Mar 18, 01:37
dLEND's deployment on Ethereum was attacked
Mar 16, 19:03
Processed $18B in liquidations, zero downtime, zero bad debt
Mar 15, 15:38
7400 ETH address dominates the Venus liquidation event
Mar 15, 14:03
The Venus lending incident resulted in $1.7M bad debt
Mar 15, 13:17
Attackers exploited vulnerabilities to manipulate THE for arbitrage.
Mar 15, 13:10
The attacker's wallet assets have reached 3.6M
Feb 19, 03:26
Moonwell has submitted a recovery plan on the governance forum and initiated partial compensation.
Feb 18, 06:05
Moonwell incurred $1.78 million in bad debt due to an oracle configuration error.
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