Bonzo Lend drained for $9M in Hedera oracle exploit
A single verifier-side price bug let an attacker mint $9M of unbacked borrowing power on Hedera's largest lending market.
Market-moving crypto headlines from the last 24 hours.
A single verifier-side price bug let an attacker mint $9M of unbacked borrowing power on Hedera's largest lending market.
The attacker slipped a fake price past Supra oracle verification, borrowing $10M against 250 worthless SAUCE tokens. Nearly all of Hedera's DeFi value walked out the door in 24 hours.
The flight ranks Gate second among CEXs for outflows over the same window, while Binance pulled $308M of net inflows, evidence users are rotating venues rather than exiting crypto entirely.
Bessent's America 250 speech framed digital assets as instruments of American economic statecraft, while his principle-one industrial buildout dovetails with six straight months of expanding PMI.
The disclosure gives CLARITY backers a compliance defense while dragging the President's memecoin, stablecoin, BTC, ETH, and staking exposure into the unresolved ethics fight on Capitol Hill.
Lopez, of Cohen & Company, says funding constraints, not regulation, are stalling listings, while a third quarter of digital-asset losses and the largest BTC ETF outflow on record keep the bid on the…
The exploit is already six weeks old, but the wallet's swelling ETH balance turns the case into a live tracking exercise for every researcher watching the funds.
The streak-ending week recovered just 3% of the $9.46B the two groups lost across the prior eight weeks; BlackRock's IBIT and ETHA carried the bid while most peers sat flat.
The case spans a half-billion-dollar-plus fraud and a Trump-era pivot; the optics alone will shape how crypto enforcement reads through 2026.
The prediction market just merged multiple outcomes into a single trade, a product move that turns Polymarket's binary bets into multi-leg positions traders can structure.
Beijing's July 7 package pairs a 2,000-tonne gold clearing push with 500B yuan in HKMA funding and an 800B yuan Bond Connect quota, building TradFi plumbing for institutions that want a non-dollar…
The FCA's finalized crypto rules and the Bank of England's rollback of holding caps arrive weeks before a Labour leadership change, testing whether the UK's regulatory pivot can survive political…
The largest BTC sale in Strategy's six-year history funds dividends on its preferred-stock program, while spot ETFs pulled in $487M across two sessions to snap a 10-day, $2.73B outflow streak.
VanEck flags premium valuations on AI-linked miners ahead of leased capacity deliveries, framing execution, dilution, debt, and tenant quality as the next market test.
The jump from under 7% in 2025 to roughly 20% in H1 marks the clearest structural shift in exchange behavior since the memecoin era.
The sale cut the company's stash nearly in half and funds its first hyperscaler deal, a signal that the 2025 treasury-company cohort is now a structural source of BTC supply, not demand.
Geoffrey Kendrick's $500K 2030 target lands the same week Trump reignites China-trade rhetoric, the macro pairing institutional desks are watching.
The OCC approval lets the $USDC issuer hold its own reserves and offer digital-asset custody, but bars ordinary deposits and lending.
The move lands AI-driven execution in front of Robinhood's retail base at scale, turning the brokerage into a proving ground for agentic trading UX ahead of a regulated rollout.
A statutory ban on retail and wholesale central bank digital dollars now sits on the books through 2030, removing the policy ambiguity that hung over US digital-asset strategy for years and reshaping…