Morpho PT-reUSD Market Hit by ~$37M Oracle Manipulation Attack
Morpho PT-reUSD Market Hit by ~$37M Oracle Manipulation Attack > A misconfigured Pendle PT-reUSD oracle was exploited to manipulate market prices, triggering mass liquidations of leveraged PT positions. reUSD itself remained unaffected + no bad debt was incurred. https://x.com/re/status/2092138693670969841 Source: https://x.com/deficrimewatch/status/2092123224637112681
The excerpt is quoted from a public Telegram channel, which owns its text.