Source: Coindesk.com
Sonne Finance's SONNE token plummeted 60% to 2.5 cents after a hack drained $20 million from the decentralized lending protocol. The exploiters used a "donation" attack to manipulate markets. The incident occurred on the Optimism blockchain version; the Base blockchain version was unaffected. The exploit happened after the protocol added token markets for Velodrome Finance's
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The post "Sonne Finance Token Drops 60% After $20M Exploit on Optimism" appeared first here Coindesk.com.
Source: Coindesk.com
