[IMPORTANT] Moonwell's Chainlink Oracle Glitch Allows Bots to Exploit Millions in ETH Collateral

Moonwell, a DeFi lending platform, suffered a critical pricing error when its Chainlink oracle mispriced Coinbase Wrapped ETH (cbETH) at around $1 instead of approximately $2,200. This glitch enabled bots to exploit the system and seize millions of dollars in ETH collateral. The incident highlights vulnerabilities in DeFi protocols reliant on external price feeds and raises concerns about oracle security.