BonqDAO protocol suffers $120M loss after oracle hack Post author:MiamiCrypto Post published:February 2, 2023 Post category:ALBT / AllianceBlock / BEUR / Blockchain security / BonqDAO / Bridge / On-chain analysis / oracle / Oracle Attack / Peckshield / Price Manipulation / Wrapped Tokens An oracle hack allowed the exploiter to manipulate the price of the AllianceBlock token, leading to an estimated $120 million loss, according to Peckshield. You Might Also Like Crypto Trading Platforms Deal With Massive Withdrawal Requests — Over $5 Billion in BTC, ETH Removed From Exchanges November 14, 2022 Transak and Privado ID Announce Partnership to Enhance Decentralized KYC Procedures June 24, 2024 Despite Crypto Market Rout, Total Value Locked in Cross-Chain Bridges Jumps 9% in 30 Days November 27, 2021
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