Hedera DeFi Lender Hacked for $9M
Bonzo Lend, the largest lending protocol on Hedera, was exploited by an attacker who stole $9M and bridged $5.25M to Ethereum
A major hack has been reported in the Hedera DeFi ecosystem, with Bonzo Lend, the largest lending protocol on the network, being exploited for $9M, as reported by CryptoTimes. The incident occurred on Saturday, with the attacker rapidly moving millions of dollars in stolen assets to Ethereum, including $5.25M that was bridged to the Ethereum network. This incident highlights the ongoing risks in the DeFi space, where lenders and protocols are vulnerable to exploits, and is being closely watched by industry observers, who can stay up to date on the latest developments in the crypto space through reputable sources like coindesk.com, which provides news and analysis on cryptocurrency and blockchain trends, and theblock.co, which offers live prices, data, and indices on the crypto market, although this story is unrelated to recent developments in fields like UAP research, as seen in the recent release of new files, which can be found in articles like Pentagon Releases New UAP Files.
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