๐ฅ Major Cyber Attack Hits DeFi Protocol Sonne Finance, Resulting in Million Dollar Losses! ๐ฅ
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In a significant blow to the decentralized finance (DeFi) community, Sonne Finance has fallen victim to a massive cyber attack. Security firm PeckShield was the first to raise the alarm, tagging Sonne Finance in a public warning about the exploit.
According to PeckShield, the attack has resulted in a staggering $20 million being siphoned from the protocol. The team at Sonne Finance quickly confirmed the breach, acknowledging that their platform had indeed suffered a $20 million hack. This incident highlights the ongoing security challenges faced by DeFi platforms and raises serious concerns about the vulnerabilities inherent in these systems. ๐ฑ๐
