Hedera Hack Exposes Oracle Weakness | Bitcoin and Crypto News

A hacker exploited a flaw in Bonzo Lend’s Supra oracle on Hedera, faking the value of worthless SAUCE tokens to siphon $9 million in USDC and wrapped HBAR. The attack triggered a 40% drop in Hedera’s total value locked and a 77% plunge for Bonzo. But here’s the twist: a “white-hat” hacker swooped in, grabbed $1 million, then returned it — counting it as recovered. The incident exposed just how fragile decentralized finance is, and how one broken link can shake the entire system. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/002e06298bfbf316