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Bonzo Lend hit for $9 million after Supra accepted a price update

The Block reports a second wallet borrowed about $1 million and said it was a white hat hacker planning to return the funds.

Reported · Written up by our desk · Market Structure

A lending protocol, Bonzo Lend, was reportedly exploited for about $9 million after Supra, a verifier component, accepted a manipulated price update, according to The Block.

The outlet said a second wallet took out another loan of roughly $1 million, and identified itself as a white hat hacker.

That wallet claimed the activity was meant to expose the issue and said it intended to return the borrowed funds, The Block reported.

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