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Sonne Finance Suffers $20M Exploit, Hacker Flees
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Lending protocol Sonne Finance halted operations after a hack drained $20 million in cryptocurrencies, including WETH and USDC.
On May 14, around 10:30 pm UTC, Web3 security firm Cyvers detected an ongoing attack on Sonne Finance’s USD and Wrapped Ether (WETH) contracts, at the time they had only stolen $3 in cryptocurrency.
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