POPA ReconTokenized Google Stock Inflated 7,700% in Edel Finance Lending Exploit
Tokenized Google Stock Inflated 7,700% in Edel Finance Lending Exploit Edel Finance paused its lending protocol after an attacker manipulated the pricing of a tokenized Google share used as collateral, leaving about $403,000 in bad debt. According to the team, the attacker inflated the value of wGOOGLx, a wrapped version of the tokenized Alphabet share GOOGLx, to around 78x its true price. That allowed them to borrow real assets against fake collateral. Edel said its Chainlink price feeds were working correctly, with Google stock still priced at around $357. The issue came from the wrappin…
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