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Sonne Finance suffers $20 million loss in security breach


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...

Poloniex Hacker Reportedly Funnels $3.4 Million through Tornado Cash Mixer


The famous hacker from Poloniex who caused the Bitcoin exchange's security breach the previous year is again on the loose. In an attempt to launder the stolen money, the burglar transferred 1,100 Ethereum (ETH), worth $3.4 million, to the authorised cryptocurrency mixer Tornado Cash on May 7. The...

Prisma Finance Works Toward Exploit Recovery, $540K Vulnerable


Prisma Finance addresses the recent security breach of $11.6 million with a recovery strategy and measures aimed at protecting $540,000 in user funds still vulnerable. The post Prisma Finance Works Toward Exploit Recovery, $540K Vulnerable appeared first on Cryptonews

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