Market Cap: $2,436,697,908,746
24h Vol: $109,845,975,901
Cryptocurrencies: 28644
Markets: 116584
Cryptocurrencies: 28644
Markets: 116584
Market Cap: $2,436,697,908,746     
24h Vol: $109,845,975,901
cryptonews 2023-02-02 09:41:00

$120 Million Exploit: AllianceBlock Token Price Manipulated in Oracle Hack – Here's What Happened

$120 Million Exploit: AllianceBlock Token Price Manipulated in Oracle Hack – Here's What Happened
Self-sovereign financial services provider BonqDAO suffered $120 million in losses after a hacker exploited its oracle to manipulate the price of AllianceBlock tokens. In a Thursday tweet, blockchain security firm PeckShield revealed that BonqDAO’s oracle was manipulated and used to increase the price of AllianceBlock tokens. The exploiter managed to do so by changing the updatePrice function of the oracle in one of BonqDAO’s smart contracts.... Read More: $120 Million Exploit: AllianceBlock Token Price Manipulated in Oracle Hack – Here's What Happened
esptco-banner img
Latest News

Videos

  • Ripple XRP: What is Ripple XRP? EXPLAINED!

  • Stellar XLM: What is Stellar Lumen? EXPLAINED!

  • How to Buy LTC with Binance ?

  • CEX vs DEX: Which Type of Crypto Exchange Is Better?

Our Partners

Hashing Ad Space
Inbound Junction
Magic Logix
Asimi
Crypto Marketing Agency, FINPR
Chainwire