Sonne Finance Attack Analysis
On May 15, 2024, Sonne Finance was attacked on the Optimism chain, resulting in losses of up to $20 million.
![image JinseFinance](https://image.coinlive.com/24x24/cryptotwits-static/9e021fa1f8e48e84c05a9c950c3e45dd.png)
On May 15, 2024, Sonne Finance was attacked on the Optimism chain, resulting in losses of up to $20 million.
Frax Finance: Stablecoin hedging inflation, supporting a stable digital currency ecosystem.
It’s the first time Curve will be deployed on a new Ethereum scaling technology called a ZK-rollup.
According to Lodestar, the attacker manipulated the price of the plvGLP token before using the inflated token to borrow all of the platform’s liquidity.
Majority of the DeFi tokens in the top-100 traded in green along with rest of the market in the wake of new CPI data release and several tokens registered doubled digit gains.
Binance recovered and froze around $450,000 worth of the stolen assets, which is around 80 percent of the stolen funds.
Equito Finance, a Decentralized Exchange on the Algorand blockchain, has announced that it will launch its Testnet 2.0 in August. ...
Decentralized finance is a revolutionary movement with aims to cut intermediaries and the expensive taxes that comes with making transactions. ...
The Decentralised Exchange (DEX) is the most secure way of trading or investing in cryptocurrencies. Being completely decentralised, you have ...
The address associated with the hack has managed to steal 206,809 BNB from Qubit’s QBridge protocol.