Blockonomi

Hedera’s Largest Lending Protocol, Bonzo, Loses $9M in Oracle Exploit

Bonzo Finance loses $9M after an oracle flaw inflated SAUCE collateral, exposing deeper risks across Hedera’s largest DeFi ...

Bonzo Lend loses $9M in oracle exploit on Hedera

Bonzo Lend lost about $9 million after an attacker manipulated the price of SAUCE through a flaw in Supra’s oracle verifier ...
blockonomi

Bonzo Lend Loses $9.05M in Hedera Oracle Exploit Linked to Supra Flaw

Bonzo Lend confirmed a $9.05 million loss after Supra’s oracle verifier accepted a zeroed signature. A manipulated SAUCE price update let Wallet A borrow far beyond its actual posted collateral value.

Why Oracle Stock Slipped 35% in June

In the last few years, Oracle has pivoted its business from selling just database solutions and other software to becoming a ...