Sonne Finance News

Mays crypto losses reached $42.6M, with Gala Games and Sonne Finance suffering the most, losing $21.6M and $20M, respectively.

Losses due to crypto hacks and fraud have been steadily decreasing over the past few months, and May was no exception to this trend as these losses declined by 12% year-over-year.

Despite China’s strict ban on crypto, Chinese traders are among the largest stablecoin holders in the world.

Sonne Finance became the victim of a safety infraction which left the business with a loss amounting to the tune of $20 million. The hackers completed their misdeeds in two phases. They first targeted the USDC and WETH contracts of the company,...

At least two DeFi projects were targeted by significant exploits in the early hours of today, resulting in millions of dollars in losses. Sonne Finance exploited Decentralized liquidity provider Sonne Finance fell victim to a $20 million exploit on...

In order to accelerate the expansion of its ecosystem, Sonne Finance has declared its official enrollment in the Chainlink BUILD program. Furthermore, with the assistance of technical support and Chainlink’s benchmark Oracle solutions, the objective...

Nasdaq-listed centralized crypto asset (virtual currency) exchange Coinbase on February 23 announced an Ethereum scaling solution that leverages the technology of Optimism, a Layer 2 solution for the Ethereum blockchain. bottom. The news seems to...

Optimism tokens soar after Coinbase news helps inject fresh buying pressure. OPX, VELO and SONNE all spike, with OP also up double digits. Coinbase has launched an Ethereum scaling solution dubbed Base. OPX Finance (OPX) is one of the tokens to...