gtbarryJun 17, 2024

Cyber Attacks Hit DeFi Protocols for a Combined $25 Million

A little over $25 million in cryptocurrency was stolen from DeFi protocols at about the same time in mid-May, with Sonne Finance, BlockTower and ALEX Lab experiencing substantial losses.

#cyberattack #defi #fintech #cryptocurrency #crypto #SonneFinance #BlockTower #ALEXLab #security #cybersecurity #hackers #hacking #Hacked

https://www.cpomagazine.com/cyber-security/cyber-attacks-hit-defi-protocols-for-a-combined-25-million/

Cyber Attacks Hit DeFi Protocols for a Combined $25 Million

DeFi protocols had a bad day as Sonne Finance took the bulk of the loss, with about $20 million stolen via an exploitable bug. Cyber attacks also hit two other providers.

CPO Magazine