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Hedera's Bonzo Lend protocol loses $9 million in price manipulation attack
The Bonzo Lend lending protocol on the Hedera blockchain was drained of approximately $9 million after a Supra verifier accepted a manipulated price update. A second wallet borrowed a further roughly $1 million but identified itself as a white hat hacker and stated the funds would be returned. The incident marks another significant exploit in the DeFi sector.
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