Bonzo Lend exploited for $9 million in oracle attack

The Hedera-based decentralized lending platform Bozno Lend was exploited for just over $9 million after an attacker took advantage of a flaw in the project's oracle system. The attacker was able to deposit tokens worth only a few dollars, then manipulate the project's oracle to reflect a dramatically higher price. They then borrowed $6.63 million in USDC and 34.5 million wrapped HBAR (~$2.4 million).Bonzo has announced they will reimburse users affected by the exploit, with support from the Hedera Foundation. "Hedera lending protocol Bonzo Lend hit for $9 million after Supra verifier accepts manipulated price update" , The Block Tweet by Bonzo Finance