4 sourcesTracking since 11 Jul, 11:56
Bonzo Lend loses $9M in oracle exploit on Hedera
Chronological coverage
First seen11 Jul, 11:56Bonzo Lend loses $9M in oracle exploit on Hedera
An attacker inflated the value of SAUCE collateral and borrowed $9 million from Bonzo Lend through a flaw in Supra’s on-chain oracle verifier.
Cointelegraph•Cointelegraph by Ezra Reguerra
Follow-up11 Jul, 12:09Bonzo Lend loses $9M in oracle exploit on Hedera
The exploit underscores the critical need for robust oracle solutions in DeFi, highlighting systemic vulnerabilities that could deter investor confidence.
CryptoBriefing•Editorial Team
Follow-up11 Jul, 18:06Lending protocol Bonzo loses 77% of value locked as $9 million oracle exploit rattles Hedera
CoinDesk•Francisco Rodrigues
Latest13 Jul, 19:48Bonzo Lend Loses $9M on Hedera in Supra Oracle Exploit
A single manipulated price feed let an attacker turn 250 SAUCE tokens worth a few dollars into $9.05 million in borrowed USDC and wrapped HBAR in eight seconds.
The Defiant•The Defiant Team