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🚀 Swaylend Faces Issues Due To Oracle Price Update

According to Foresight News, the Fuel ecosystem lending protocol Swaylend is experiencing issues related to oracle price updates. These problems may affect borrowing, repayment, and collateral withdrawal operations for users currently borrowing USDC. The team has assured that user funds are safe and they are actively working to resolve the oracle issue.

#Swaylend #oracleprice #FuelEcosystem #USDC #lendingprotocol #cryptocurrency #blockchain
🚀 Maker To Update Oracle Price Amid ETH Liquidation Risk

According to PANews, Maker is set to update its oracle price to $1,806 at 10:00 (UTC+8). If Ethereum (ETH) does not rebound above the liquidation price of a large whale's position or if the account fails to add collateral, the position will face forced liquidation.

Earlier today, it was reported that a major whale or institution urgently added collateral, but the risk of ETH liquidation remains unresolved.


#Maker #OraclePrice #Ethereum #ETH #LiquidationRisk #Cryptocurrency #Blockchain
🚀 Moonwell Lending Contract Faces Multiple Attacks, CertiK Reports

According to PANews, CertiK has reported that the Moonwell lending contract has been subjected to several attack transactions. The attackers exploited an incorrect oracle price for wrst, valued at approximately $5.8 million. By using a flash loan of just about 0.02 wrstETH and depositing it, they repeatedly borrowed over 20 wstETH, ultimately profiting 295 ETH, which is roughly equivalent to $1 million.

#Moonwell #LendingContract #CertiK #FlashLoan #OraclePrice #wstETH #wrstETH #CryptoAttack #DeFi #BlockchainSecurity #ETH
🚀 Concerns Arise Over Euler Protocol's Curator Vault Utilization

According to Odaily, PeckShield has reported on the X platform that several Curator vaults on the Euler crypto lending protocol have reached 100% utilization, which appears unusual.

Previously, it was noted that after xUSD lost its peg, the oracle price data on Euler may not have been updated in a timely manner.


#EulerProtocol #CuratorVault #PeckShield #xUSD #CryptoLending #OraclePrice #Blockchain #Cryptocurrency #EUL