• Edel Finance Exploit Exposes Oracle Weakness, Leaves $403K Hole

    Edel Finance Exploit Exposes Oracle Weakness, Leaves $403K Hole

    Edel Finance loses $403K to a flash-loan oracle exploit. V1 remains paused as Edel pledges full 1:1 depositor restoration. Edel Finance lost roughly $403,000 after an attacker manipulated an on-chain price oracle. Blockchain security firm Blockaid flagged the exploit as it unfolded.  The attacker used a flash loan to distort the exchange rate between two…