Oracles Exploited in $9M DeFi Heist | Bitcoin and Crypto News

A DeFi protocol called Bonzo Lend lost $9 million after an attacker inflated a worthless token called SAUCE to drain stablecoins and wrapped HBAR against it — all thanks to a glitch in Supra’s oracle verifier that accepted a fake, poorly signed price. The exploit highlights how critical oracles are: even a token with zero value can trigger massive theft if price feeds are compromised. This isn’t new — a similar $10 million heist occurred on Stellar months ago. Supra has patched the flaw, but the incident serves as a stark warning: securing price feeds remains one of DeFi’s biggest, ongoing challenges. 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/d5a72421cd86397d