Hedera Network Suffers $5M Sauce Protocol Hack, HBAR Coin Price Falls

Story Highlights* Hackers stole more than $5 million from Hedera's Sauce Protocol through oracle manipulation.

  • The attacker bridged stolen funds to Ethereum using LayerZero before swapping multiple assets.
  • Following this HBAR price dropped nearly 3% as the exploit triggered fresh security concerns.
HBAR-1.22%
SAUCE-0.72%
ZRO1.31%
ETH1.48%
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