Hedera-Based Bonzo Lend Protocol Suffers $9 Million Exploit
Hedera-Based Bonzo Lend Protocol Suffers $9 Million Exploit
The Hedera-based lending protocol Bonzo Lend was exploited for $9 million after a Supra verifier reportedly accepted manipulated price updates. An additional $1 million was borrowed by a self-proclaimed white hat hacker who stated the funds would be returned.
Hedera Lending Protocol Hit by $9 Million Exploit
The Hedera lending protocol, Bonzo Lend, suffered a significant exploit resulting in a loss of $9 million. The incident occurred after a Supra verifier reportedly accepted manipulated price updates. In a related event, another wallet borrowed approximately $1 million, with the individual identifying as a white hat hacker and promising to return the funds.