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 wrapping mechanism, where the conversion between GOOGLx and wGOOGLx was manipulated. The protocol has frozen all version-one contracts, traced the attacker’s transactions, and offered a whitehat settlement. Edel also said no depositor will lose funds, as the team will cover the bad debt and restore balances one for one.