Bonzo Lend Loses $9 Million in Price Manipulation Exploit

Bonzo Lend Hedera DeFi

L'essentiel

Hedera-based lending protocol Bonzo Lend lost approximately $9 million after an attacker manipulated the price of SAUCE collateral via a flaw in Supra's oracle verifier.
The exploit allowed the attacker to borrow significantly more assets than deposited, highlighting risks in DeFi protocols.

Résumé généré par IA

Taille de police

Hedera-based lending protocol Bonzo Lend lost approximately $9 million after an attacker manipulated the price of SAUCE collateral via a flaw in Supra's oracle verifier. The exploit allowed the attacker to borrow significantly more assets than deposited, highlighting risks in DeFi protocols.

Read the full article on Cointelegraph

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Bonzo Lend

SujetsHedera DeFi cryptocurrency exploit SAUCE USDC

This article was originally published by Cointelegraph.

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