The attacker exploited BonqDAO's oracle and was able to manipulate the price of AllianceBlock tokens, liquidating a bunch of troves.
The attacker exploited BonqDAO’s oracle and was able to manipulate the price of AllianceBlock tokens, liquidating a bunch of troves.
During the exploit, the attacker managed to manipulate the price of AllianceBlock wrapped tokens and made away with 100 million wALBT worth over $10 million.that the exploiter changed the updatePrice function of the oracle in one of BonqDAO’s smart contracts. This enabled the manipulation of the price of the wALBT tokens.
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