A Moonwell oracle malfunction on Feb. 19 led to roughly $1.8 million in losses within minutes, and developers are debating whether Claude-assisted code contributed to the failure.
Makina Finance suffered a $4.13 million exploit after attackers manipulated the price oracle and drained its DUSD/USDC Curve pool. The incident underscores lingering oracle and stablecoin risks across DeFi.
Chainlink’s LINK rose 4.17% on Tuesday to just under $14, slicing through several resistance levels as a broader crypto rebound lifted infrastructure tokens. The move coincides with renewed institutional interest in oracle services that feed DeFi and smart contracts.

ChainLink (LINK) surged 14% to $19.03, driven by significant whale accumulation and strategic partnerships with industry giants. LINK leads the oracle sector with a 62% market share and $62 billion total value secured, signaling strong market confidence and a robust recovery in crypto.