$20M exploit cripples Sonne Finance, hacker in no mood for negotiation

Sonne Finance halted operations after a hack drained $20 million in cryptocurrencies, including WETH and USDC. Efforts to recover the funds are ongoing.

However, the hacker seems to be in no mood for negotiations. According to blockchain investigator PeckShield, the exploiter has already moved a large chunk of the loot to a new wallet address.). The move suggests an intent to siphon the stolen funds through a privacy protocol like Tornado Cash to deter traceability.

They accused Sonne Finance of using Compound v2 despite knowing the risks and asked, “If this isn’t a premeditated backdoor, what is?”

ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว

Similar News:คุณยังสามารถอ่านข่าวที่คล้ายกันนี้ซึ่งเรารวบรวมจากแหล่งข่าวอื่น ๆ ได้

Sonne Finance on Optimism exploited for $20 millionSonne Finance was the latest victim of an exploit, with reports indicating that bad actors siphoned funds from its Circle (USDC) stablecoin and wrapped Ethereum (WETH) contracts.
แหล่ง: FXStreetNews - 🏆 14. / 72 อ่านเพิ่มเติม »

Lending protocol Sonne Finance faces $20 million exploit, pauses markets on OptimismThe team said in a post-mortem report that it’s ready to offer a bounty to the attacker in exchange for return.
แหล่ง: TheBlock__ - 🏆 464. / 53 อ่านเพิ่มเติม »

Beyond Banking Apps: How Embedded Finance Is Reshaping FinanceIvo Gueorguiev, co-founder at Paynetics. Read Ivo Gueorguiev's full executive profile here.
แหล่ง: ForbesTech - 🏆 318. / 59 อ่านเพิ่มเติม »

There Are Many Bitcoin Critics Left in Finance, Despite BlackRock's Newfound LoveHelene is a New York-based reporter covering Wall Street, the rise of the spot bitcoin ETFs and crypto exchanges. She is also the co-host of CoinDesk's Markets Daily show. Helene is a graduate of New York University's business and economic reporting program and has appeared on CBS News, YahooFinance and Nasdaq TradeTalks. She holds BTC and ETH.
แหล่ง: CoinDesk - 🏆 291. / 63 อ่านเพิ่มเติม »

10 CFO Strategies to Drive Digital Finance TransformationDownload the Digital Finance report with 10 imperatives for CFOs to drive digital finance transformation in your finance function and organization. Explore now.
แหล่ง: Gartner_inc - 🏆 455. / 53 อ่านเพิ่มเติม »