Tokenized gold market on Morpho loses $230K after Oracle misconfiguration mishap

The Paxos tokenized gold (PAXG) market on DeFi protocol Morpho Protocol suffered an exploit today, leading to a $230,000 loss. According to Chaos Labs founder Omer Goldberg, the incident was caused by a mistake during the setup of the Oracle pricing for $2.6 trillion. In a post-mortem of the incident shared on X, Omer explained

Source: Cryptopolitan