#oracle-manipulation2 articles

2 articles

DeFiBearishProtos · Feb 267/103

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DeFi exploiter targets lending protocols with oracle tricks

A DeFi exploiter successfully manipulated oracle pricing on Ploutos Money lending protocol, using BTC/USD price data for USDC tokens. This oracle manipulation allowed the attacker to borrow $400,000 worth of ETH using only $8 of collateral, highlighting critical vulnerabilities in DeFi lending protocol oracle systems.

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DeFiBearishBankless · Feb 237/106

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Lending Market 'Blend' Suffers $10M+ Exploit

Stellar-based lending protocol Blend suffered a major exploit over the weekend, losing over $10 million through oracle manipulation. The attack represents a significant security breach in the DeFi lending space, highlighting ongoing vulnerabilities in oracle-dependent protocols.