Bonzo Lend loses $9M in oracle exploit on Hedera

#PeckShieldAlert Specter has reported that @hedera Network appeared to be exploited, with $5.25M in stolen funds already bridged from #Hedera Mainnet to Ethereum.The hacker originally funded 1 ETH from #TornadoCash and now holds 2.36K ETH ($4.25M) & 15.58 WBTC ($1M) in the wallet.

Bonzo Lend loses $9M in oracle exploit on Hedera

🚨UPDATE: HEDERA'S LARGEST LENDING PROTOCOL BONZO REPORTS $9 MILLION ORACLE EXPLOIT Hedera-based lending platform Bonzo Lend disclosed that it lost roughly $9.05 million after attackers exploited a flaw in Supra’s signature verification system, manipulating prices to borrow assets far exceeding th

Hedera is aware of the incident affecting Bonzo Lend, an independently operated DeFi application built on Hedera. Based on the findings to date, Hedera’s consensus mechanism and core network services were not compromised, and mainnet remained operational. Bonzo’s preliminary report points to an issu

⚡️UPDATE: HEDERA SAYS ITS NETWORK WAS NOT COMPROMISED AFTER THE $9 MILLION BONZO LEND EXPLOIT Hedera says its consensus layer and mainnet were unaffected, with preliminary findings tracing the issue to a third-party oracle verifier used by the lending platform. The Bonzo attack and an earlier $5.2

We're continuing to support @bonzo_finance and the teams working through today's incident. @SUPRA_Labs has acknowledged the oracle verification exploit and deployed a fix to the affected contract on Hedera mainnet and are working with security experts to further analyze the attack. Bonzo Lend's own

Lending protocol Bonzo loses 77% of value locked as $9 million oracle exploit rattles Hedera

Hedera lending protocol Bonzo Lend hit for $9 million after Supra verifier accepts manipulated price update

Hedera lending protocol Bonzo Lend hit for $9 million after Supra verifier accepts manipulated price update https://t.co/HT7GQQDoSe