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 A New Layer 2 Bridge Between Polygon and Arbitrum is Launching December 7, 2021 Stripe Acquires Stablecoin Platform Bridge in Record $1.1 Billion Crypto Deal October 20, 2024 Ripple and Peersyst Devs Push XRP Toward Ethereum Compatibility With First Phase of an EVM Sidechain October 17, 2022
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