Oracle Manipulation

Validators halted Crypto.com's chain and rolled its state back to before the attack. About $6 million had already crossed to Ethereum; the rest sits on a ledger whose history has now been rewritten.

The attacker never touched Moonwell's code. Pushing MAMO from a cent to 47 cents in a pool with barely $1 million of daily volume was enough, and it is the protocol's second collateral-pricing failure this year.