Bonzo Lend loses $9M in oracle exploit on Hedera

An attacker inflated the value of SAUCE collateral and borrowed $9 million from Bonzo Lend through a flaw in Supraβs on-chain oracle verifier.

An attacker inflated the value of SAUCE collateral and borrowed $9 million from Bonzo Lend through a flaw in Supraβs on-chain oracle verifier.

An IMF working paper says dollar stablecoins can improve access to foreign currency but may also help coordinate exits from local currencies during periods of severe exchange-rate stress.

US prosecutors charged Rossen Iossifov over the alleged laundering of $290,000 in forfeited crypto from a Kraken account.

CRYL is offering Bitcoin-backed loans to individuals and businesses as Japanese firms explore broader uses for BTC in lending and credit markets.

Interpol said a suspect's crypto wallet processed over $122.5 million in 10 months as authorities uncovered the scheme during a global anti-fraud operation that led to 5,811 arrests.

The Bank of Korea reiterated its call for bank-led won stablecoin issuance while advancing deposit token pilots, as issuer rules remain a sticking point in South Koreaβs digital asset bill.