The Ethereum-based lending project Term Finance lost $1.6 million when an oracle misconfiguration resulted in unintended liquidations. The team later announced that they had “successfully negotiated [the] return” of 333 ETH ($600,000) that had been lost, and that another roughly 223 ETH ($400,000) had been “captured internally”, leaving the final loss at around 362 ETH (~$650,000).

Total loss estimated at $600,000.