Bonzo Finance, a lending protocol built on Hedera, lost about $9 million in an oracle attack, according to Odaily. In its preliminary incident report, the protocol said the attacker deposited just 250 SAUCE tokens, then submitted a price update that artificially inflated SAUCE by roughly 12 orders of magnitude. Using the overstated collateral value, the attacker borrowed assets far beyond their real worth from the lending pool. Bonzo Finance said the address went on to borrow 6.63 million USDC and 34.5 million wrapped HBAR. The protocol added that the incident was not caused by a flaw in Bonzo Finance’s smart contracts or in the Hedera base network itself. Instead, it traced the issue to a vulnerability in the on-chain oracle validator operated by oracle provider Supra. According to the report, Supra’s validator incorrectly accepted SAUCE price data with a zeroed signature. Supra has since confirmed the issue and completed a fix. The case highlights how oracle failures can expose lending markets even when the core protocol logic is not identified as the direct source of the exploit.

Shiba Inu's burn rate plunged 88% in 24 hours, with only 3.24 million SHIB removed. Its market cap fell to $4.68B, sliding to 25th place as Hedera took the lead.

The altcoin market is approaching a critical breakout after nearly four years of consolidation. Low volatility hints at upcoming expansion. Tokens like RAY, ENA, CRV, HBAR, and BNB are highlighted for their ecosystem activity and structural strength, with historical patterns suggesting sharp moves ahead.

Hedera has unveiled a Verifiable Compute initiative with Nvidia and Intel, using hardware-backed cryptographic proofs and on-chain timestamps to strengthen AI governance. The announcement has reignited debate over HBAR valuation and added momentum to ETF speculation.

SWIFT has officially completed its transition to the ISO 20022 MX format, enhancing precision and automation in global payments. The shift drives interest in compatible DLT networks like Ripple and Stellar. XLM rose 2.77% and XRP added 0.93%.

Since November, Solana, Chainlink, NEAR, Cosmos, and Hedera have each surged over 40%, driven by renewed institutional and retail interest. Their unique strengths attract capital, though a full altseason remains unconfirmed.

HBAR is consolidating just below the key $0.09 resistance while forming an inverse head and shoulders pattern. A volume-backed breakout could confirm a bullish reversal and open the way toward $0.12.

Ripple CEO Brad Garlinghouse will join U.S. digital asset advisor Patrick Witt at Swell 2025 to discuss financial infrastructure. Concurrently, derivatives exchange Bitnomial announced support for RLUSD and XRP as margin collateral, available to institutional and retail traders.