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Crypto losses from fraud and hacks declined 12% in May — Immunefi
30.5.2024
The decline in crypto scams and frauds continued, with only $52 million lost in May compared to $59 million the previous year
Sonne Finance suffers $20 million loss in security breach
15.5.2024
Sonne Finance became the victim of a safety infraction which left the business with a loss amounting to the tune of $20 million. The hackers completed their misdeeds in two phases. They first targeted the USDC and WETH contracts of the company, siphoning off $3 million and in the following phase...
Sonne Finance Suffers $20M Exploit, Hacker Flees
15.5.2024
Lending protocol Sonne Finance halted operations after a hack drained $20 million in cryptocurrencies, including WETH and USDC, and flees.
The post Sonne Finance Suffers $20M Exploit, Hacker Flees appeared first on Cryptonews
Sonne Finance Token Drops 60% After $20M Exploit on Optimism
15.5.2024
Attackers stole ether, velo and stablecoins before developers mitigated the hack and paused operations. Sonne’s markets on the Base blockchain were not affected
$20M exploit cripples Sonne Finance, hacker in no mood for negotiation
15.5.2024
Sonne Finance halted operations after a hack drained $20 million in cryptocurrencies, including WETH and USDC. Efforts to recover the funds are ongoing
Defi Protocol Sonne Finance Reports Major Security Breach, $20 Million Lost to Hackers
15.5.2024
Sonne 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...
Sonne Finance links up with the Chainlink BUILD program
8.11.2023
In order to accelerate the expansion of its ecosystem, Sonne Finance has declared its official enrollment in the Chainlink BUILD program. Furthermore, with the assistance of technical support and Chainlink’s benchmark Oracle solutions, the objective is to enable on-chain borrowing and lending...