Hack history / 2022 / Hack or exploit
Moola Market
Hack or exploit on Oct 18, 2022 · Spot Price Manipulation
SOURCES AGREE ON DATE AND LOSS · 4 SOURCES
Lost
$8.4M
sources: $8.4M to $9M
Returned
$7.8M
93% of the loss, as a source states it
Rank
#335
among thefts by dollars lost
What happened
On October 18, 2022, attacker exploited Moola Market on Celo by manipulating MOO token's low-liquidity price oracle to inflate collateral value, allowing unauthorized borrows and draining $8.4M in multiple tokens.
Details
- Date
- Oct 18, 2022
- Kind
- Hack or exploit
- Method
- Spot Price Manipulation
- How in
- Price, oracle and governance
- Target
- DeFi protocol
- Chains
- Celo
After the theft
- Recovered or frozen
- $7.8M
“$8.4M taken, $588K after recovery or freezing” (Web3 Is Going Great)
Related incidents
Nostra Money Market 2026 · Hack or exploit · $3.5M
Fox Market 2026 · Hack or exploit · $120K
Bodega Market 2026 · Hack or exploit · $4K
New Market Trading 2026 · Hack or exploit · $4M
CryptoPunk sells for a fraction of its likely market price due to zombie smart contract 2024 · Costly mistake or other · $1.4M
Fox Market 2026 · Hack or exploit · $120K
Bodega Market 2026 · Hack or exploit · $4K
New Market Trading 2026 · Hack or exploit · $4M
CryptoPunk sells for a fraction of its likely market price due to zombie smart contract 2024 · Costly mistake or other · $1.4M
Cite this page
SwanBluechip, "Moola Market hack, Oct 18, 2022: $8.4M lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/htdad583c27d/ (data as of 2026-11-01).