💸 Bonzo Finance loses 77% of its TVL after $9M oracle exploit on Hedera. How it happened: • Attacker exploited a verification flaw in a third-party Supra oracle contract • Manipulated price data to drain ~$9.05M from lending pools • TVL dropped from $11.7M to under $3M in hours The oracle problem strikes again: → Oracles are the #1 attack vector in DeFi → Third-party oracle = third-party risk → This is the same vulnerability pattern as Chainlink exploits in 2021-2022 For anyone building on-chain: your oracle is only as secure as its verification logic. Audit your oracles. Verify your verifiers. 🔗 Source: CoinDesk #DeFi #OracleExploit #BonzoFinance #Hedera #CryptoSecurity #TechAfrik #AfricaTech #Innovation
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