Sonne Finance Attack Analysis
On May 15, 2024, Sonne Finance was attacked on the Optimism chain, resulting in losses of up to $20 million.
JinseFinanceOn May 15, 2024, Sonne Finance was attacked on the Optimism chain, resulting in losses of up to $20 million.
JinseFinanceSonne Finance halts as hackers steal $20M in cryptocurrencies, exploiting known vulnerabilities in a major security breach. Investigations and recovery efforts are underway.
Cheng YuanCurve Finance mitigates a $73.5M hack through community-led efforts, enhancing user trust while highlighting security needs.
KikyoData from DeFiLlama reveals that the recent exploit has caused a significant decline in Arcadia's total value locked (TVL), plummeting by 76% from $604,440 to the current value of $142,824.
CoinliveThe Euler team added that since hackers “did the right thing,” the Euler Foundation will no longer be accepting new information that would lead to their arrest.
decryptBabylon’s founder said several liquidity pools and BABL tokens price were severely impacted, which contributed to the decision.
CoindeskWhile awaiting Crema Finance’s report on the situation, the Crypto Twitter community took it to themselves to track down the hacker’s wallet and better understand the problem.
CointelegraphWhile price volatility remained a key factor, major DeFi tokens registered double digit loss over the past week as the DeFi TVL hovers near $50 billion mark.
CointelegraphThe address associated with the hack has managed to steal 206,809 BNB from Qubit’s QBridge protocol.
Cointelegraph