Bonzo Lend loses $9M in oracle exploit on Hedera

An attacker inflated the value of SAUCE collateral and borrowed $9 million from Bonzo Lend through a flaw in Supra’s onchain oracle verifier.

An attacker inflated the value of SAUCE collateral and borrowed $9 million from Bonzo Lend through a flaw in Supra’s onchain oracle verifier.

An IMF working paper says dollar stablecoins can improve access to foreign currency but may also help coordinate exits from local currencies during periods of severe exchange-rate stress.

Matthew Goettsche was set to face trial in October for conspiracy to commit wire fraud and selling unregistered securities.

The redesigned app will use AI to recommend trades and tailor investing tools around users’ financial goals as Kraken expands into broader financial services.

Five senators called for committee hearings to investigate US President Donald Trump’s policies potentially being influenced by crypto funding from United Arab Emirates-linked and other entities.

“DeFi usually swings much harder than Bitcoin, so holding up this well is unusual,” says Bitwise, as DeFi tokens have outperformed Bitcoin.

The soon-to-be former chief legal officer did not announce the details of his next move but said that he would continue working with the Board of Coinbase National Trust Company.

Bitdeer shares rallied after the company announced a $36 million Nevada manufacturing facility that will produce its SEALMINER Bitcoin mining machines and expand its hardware business.

Crypto venture firm Paradigm is widening its investment gaze toward AI and other frontier industries with its latest fund.

Zapper provided crypto market data to over 2 million monthly active users and oversaw more than $13 billion in processed transactions during its peak.