May 22, 2024

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Defi Protocol Sonne Finance Reports Major Security Breach, $20 Million Lost to Hackers

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Defi Protocol Sonne Finance Reports Major Security Breach,  Million Lost to Hackers
Defi Protocol Sonne Finance Reports Major Security Breach,  Million Lost to HackersSonne Finance, a decentralized liquidity market protocol, was hit by a cyberattack, with initial losses of $3 million in USD Coin and Wrapped Ethereum from its Optimism chain quickly escalating to $20 million, as detected by blockchain security firm Cyvers on May 15. Following the attack, Sonne Finance suspended its Optimism Market and assured that […]