🚨Crypto drama alert!🚨 Sonne Finance, a lending protocol, had to hit the pause button after a sneaky hacker swiped $20 million in crypto. 🕵️♂️ The cyber bandit targeted Sonne's USDC and WETH contracts, making off with a hefty loot of WETH, VELO, soVELO, and Wrapped USDC.
The hacker seems to be playing hardball, already moving $7.8 million to a new wallet. They even swapped 59 WBTC for 1,185 ETH and 183,000 DAI. 🔄 Looks like they're trying to hide their tracks using a privacy protocol.
Meanwhile, BlockTower Capital's main hedge fund has also been hit, with funds MIA. The culprit remains at large. 🕵️♀️
What do you think, folks? Is this a case of poor security or a premeditated backdoor? Let's hear your thoughts in the comments! 👇