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 PeckShield Says It’s Found 55 Rogue Projects on Binance Smart Chain January 13, 2022 Terra’s Cross-Chain Bridge Now Supports Solana, Avalanche, Fantom, Moonbeam, Osmosis April 13, 2022 Quantum Computing Poses Critical Threats to Blockchain Security, Warns Expert May 20, 2024