Incident Overview
Edel Finance lending protocol was exploited via wGOOGLx wrapped token exchange rate manipulation. The attacker used flash loans in repeated deposit/borrow loops to inflate wGOOGLx collateral value ~78x, then borrowed assets, creating ~$403K bad debt.
Sources & References
This record presents information attributed to the linked sources. Incident dates describe the original event, not a new report. Reported loss figures reflect the source record and are not current market valuations.