A DeFi lending protocol just got exploited through tokenized Google stock. The attacker inflated $GOOGL collateral by 7,700% and borrowed real assets against phantom value. This is the first exploit of its kind and it won't be the last. 🧵 https://www.coindesk.com/tech/2026/07/01/tokenized-google-stock-inflated-7-700-in-rare-defi-lending-exploit https://www.theblock.co/ Here's exactly what happened at @edeldotfinance: Edel's lending protocol accepts wGOOGLx,a wrapped form of tokenized Google stock as collateral. An attacker found a flaw in how wGOOGLx converts to and from GOOGLx. They manipulated that exchange rate to make 1x of collateral read as 78x. The critical detail most reports are missing: The price oracle wasn't broken. @chainlink feeds correctly reported Alphabet's real share price the entire time. The vulnerability was in the wrapping mechanism itself not the data feed. Two different layers. Two different attack surfaces. The exploit hit the one nobody was watching.
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Your crypto wallet has a flaw so fundamental most people do not even know it exists. qVAULT was built specifically for that flaw. If you hold any crypto and you have never heard of this, you need the next 2 minutes. Thread. @qlabsofficial
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🇺🇸 Nick Begich announced plans to introduce a new “U.S. Bitcoin Reserve Act.” That’s a bullish signal 🚀 If something like this gains traction, it hints at governments beginning to treat Bitcoin not just as a speculative asset, but as a strategic reserve, almost like digital gold sitting in a national vault. It doesn’t mean immediate price explosion, but it shifts the narrative. When policy starts orbiting crypto, the market usually pays attention.
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