Episode

Oracles Exploited in $9M DeFi Heist | Bitcoin and Crypto News

Podcast
Crypto News Today | 2 Min News | The Daily News Now!
Published
Jul 11, 2026
Duration seconds
86
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https://sources.thednn.ai/d5a72421cd86397d
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https://api.fastcast.ai/audio/ad9e0f36-9c6c-4e21-b175-d4e7ed9cda09.mp3
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Summary

A DeFi protocol called Bonzo Lend lost $9 million after an attacker inflated a worthless token called SAUCE to drain stablecoins and wrapped HBAR against it — all thanks to a glitch in Supra’s oracle verifier that accepted a fake, poorly signed price. The exploit highlights how critical oracles are: even a token with zero value can trigger massive theft if price feeds are compromised. This isn’t new — a similar $10 million heist occurred on Stellar months ago. Supra has patched the flaw, but the incident serves as a stark warning: securing price feeds remains one of DeFi’s biggest, ongoing challenges. Listen in comfort: Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN: [email protected] This is an automated, high-level news summary based on public reporting. Report issues to [email protected]. View sources & latest updates: https://sources.thednn.ai/d5a72421cd86397d