Sonne Finance suffered a $20M flash loan attack in May 2024, contributing to $42.6M in total cryptocurrency losses. This highlights vulnerabilities in crypto platforms and the need for stronger security measures.
Sonne Finance, a DeFi platform, suffered a $20 million theft due to a vulnerability in its SONNE token security, highlighting risks in the crypto sector.
Sonne Finance, a DeFi protocol on the Optimism Mainnet, was exploited for over $20 million due to a smart contract vulnerability.
Sonne Finance suffered a complex $20 million hack via a backdoor in its VELO integration on the Optimism network, with assets gradually drained.
Sonne Finance, a DeFi project on the Optimism network, was hit by a $20 million exploit, causing alarm about DeFi's security.
Sonne Finance lending protocol halts after a hacker drained $20 million in WETH and USDC.
Two major DeFi protocols, ALEX Lab and Sonne Finance, were hacked, leading to the theft of millions in crypto assets. These hacks highlight growing security concerns within the crypto space.
Sonne Finance experienced a $20M hack on Optimism, causing Sonne token to drop 60%. The attackers stole ether, velo, and stablecoins. The hack was later contained and operations paused, but Base blockchain markets remained unaffected.
Sonne Finance paused after a hacker stole $20 million in WETH and USDC, with recovery attempts underway.
Sonne Finance, a DeFi lending protocol, was hacked due to a vulnerability in Compound v2 forks, leading to a $20 million loss.
Sonne Finance was hacked, resulting in a loss of $20 million, leading to the suspension of all markets on the Optimism network.
DeFi lending protocol Sonne Finance on the Optimism and Base networks was exploited through a Compound Finance fork vulnerability, resulting in a $20 million hack.
Decentralized protocol Sonne Finance suffered a security breach on its Optimism chain, with hackers stealing $3 million in USD Coin and Wrapped Ethereum, which quickly grew to $20 million in total losses. Sonne Finance has since suspended its Optimism Market.
Sonne Finance, a lending protocol on Optimism, has been exploited for $20 million, leading to paused markets while the team offers a bounty for the funds' return.