HBAR Price Crashes as Hedera Exploit Hits Network

HBAR tumbled after the Bonzo Finance exploit on Hedera, with PeckShield reporting $5.25M–$9M stolen and bridged to Ethereum. Hedera emphasizes core network security remained intact while the DeFi app was compromised. The incident sparked immediate sell-off and a test of key support at $0.0685, with potential relief bounce to $0.071–$0.072 if investigation and patches proceed. Investors face heightened risk until Bonzo Finance is secured and funds are recovered.