Some current hacking incidents in the crypto industry!

Ledger Hack: A massive hack affected multiple Ethereum-based applications, including Zapper, SushiSwap, Phantom, Balancer, and Revoke.cash, due to a security breach at Ledger. This incident highlights vulnerabilities even in established crypto security platforms

Sonne Finance Attack: On May 14, 2024, Sonne Finance on the Optimism chain experienced a flash loan attack, losing approximately $20 million. The attack targeted soVELO, USDC, and WETH contracts. The team managed to contain the attack and paused all markets on the Optimism chain​

Poly Network Exploit: Another major hack involved Poly Network, where the attacker issued billions in SHIB, BNB, and BUSD, which were deemed 'worthless.' This attack further emphasized the ongoing security challenges within the DeFi space

$BTC $ETH $SHIB