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$110 Million Stolen From DeFi Protocols BonqDAO and AllianceBlock

Self-sovereign financial services provider BonqDAO has been exploited through an oracle hack leading to the theft of $110 million in crypto from the protocol.

During the exploit, the attacker managed to manipulate the price of AllianceBlock wrapped tokens (wALBT) and made away with 100 million wALBT worth over $10 million.

(By Mandy Williams)

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