Sonne Finance Paralyzed by $20 Million Crypto Hack
Sonne Finance halts as hackers steal $20M in cryptocurrencies, exploiting known vulnerabilities in a major security breach. Investigations and recovery efforts are underway.

Sonne Finance halts as hackers steal $20M in cryptocurrencies, exploiting known vulnerabilities in a major security breach. Investigations and recovery efforts are underway.
Curve Finance mitigates a $73.5M hack through community-led efforts, enhancing user trust while highlighting security needs.
In pursuit of the hacker, ZachXBT reviewed the transaction history of the exploiter across multiple chains - which led him to the exploiter's Ethereum Name Service (ENS) address retlqw.eth
CertiK has identified three separate attacks on the Platypus Finance, resulting in a combined loss of $2.23 million across these exploits.
According to Peckshield, the breach has incurred a financial loss of approximately $2 million.
France's Police Nationale stated that it seized 210,000 euros in cryptocurrencies from the suspects.
The Avalanche-based protocol worked with crypto exchange Binance to identify the exploiter responsible for the $9 million exploit last week.
Babylon’s founder said several liquidity pools and BABL tokens price were severely impacted, which contributed to the decision.
The address associated with the hack has managed to steal 206,809 BNB from Qubit’s QBridge protocol.