Moonwell Lost $1.78M After Smart Contract Bug Linked To AI-Generated Code
Today's AI and Crypto News | Metaverse Post [Unofficial]
February 23, 2026
Moonwell’s exploit stemmed from a critical smart‑contract pricing bug—partly introduced through AI‑generated code—that misvalued cbETH and enabled attackers to drain funds, leaving the protocol with roughly $1.78 million in bad debt.
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