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Hedera Network

Hedera is a decentralized, public distributed ledger technology that supports multiple consensus mechanisms, aiming to provide a secure, scalable, and efficient platform for enterprise-grade applications.

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Bonzo Lend Suffers $9M Oracle Exploit on Hedera, Value Locked Plummets

By Owais Farooq • 2 weeks ago
Bonzo Lend Suffers $9M Oracle Exploit on Hedera, Value Locked Plummets

Decentralized lending protocol Bonzo Lend experienced a significant exploit, losing $9.05 million due to a vulnerability in a third-party oracle on the Hedera network, causing its total value locked to drop sharply.

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