BonqDAO protocol suffers $120M loss after oracle hack
An oracle hack allowed the exploiter to manipulate the price of the AllianceBlock token, leading to an estimated $120 million loss, according to Peckshield.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
An oracle hack allowed the exploiter to manipulate the price of the AllianceBlock token, leading to an estimated $120 million loss, according to Peckshield.
Why this matters
This security story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Why XRP’s 63 billion circulating tokens don’t tell buyers what’s for sale
For XRP buyers, available supply depends on the price they are willing to pay. The token's roughly 63.09 billion circulating suppl...
RedStone launches Sanctions Oracle for onchain compliance on Ethereum
RedStone's Sanctions Oracle enhances onchain compliance, potentially reshaping DeFi protocols by automating sanctions checks and r...
NASDAQ CEO: Blockchain tokenization to transform global finance, unlock billions
Blockchain tokenization could revolutionize finance by enhancing asset liquidity and efficiency, potentially reshaping global fina...
Citrini Research favors AAVE, UNI, ETHFI, PENDLE, and ONDO in tokenization bet
Citrini's focus on infrastructure over headline assets suggests a shift towards sustainable growth in crypto through tokenization...
Animoca Brands partners with Franklin Templeton to expand NUVA’s tokenized asset lineup
The partnership could accelerate the integration of traditional finance with DeFi, potentially reshaping asset management and inve...
Nasdaq CEO Adena Friedman says tokenization can free billions in trapped capital
Tokenization could revolutionize financial markets by enhancing liquidity, optimizing capital deployment, and enabling 24/7 tradin...