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Hackers stole 293.7M SUPRA tokens via oracle flaw; 84% moved to exchanges, including Gate.io wallet.

Market News
28 Jul 2026
Blockonomi
View Source
Bearish
pluang ai news

Solido Money suffered a major security breach where attackers exploited an oracle misconfiguration to steal 293.7 million SUPRA tokens worth around $900K. The flaw caused collateral values to be drastically inflated, allowing attackers to generate and convert overvalued tokens into SUPRA in two exploit waves. Forensic analysis shows about 84% of the stolen tokens were transferred to centralized exchange wallets, with 220 million SUPRA traced to a suspected Gate.io deposit address. Solido is urging exchanges to freeze these funds and cooperate with law enforcement while clarifying no broad account freezes or accusations are made. The protocol has since disabled the exploited minting function to prevent further attacks.

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