Coverage of "Edel finance" on Cryptobo: the stories and the context behind them.
An attacker at Edel Finance exploited a token wrapping mechanism not the price oracle to inflate tokenized Google stock collateral by 78x and borrow against it, leaving $403,000 in bad debt. The incident exposes a growing structural risk as tokenized real-world assets expand DeFi's attack surface.
July 1, 2026
