Sonne attacker addresses transferred $7.8 million in cryptocurrencies to new addresses

Odaily News According to Paidun monitoring, the Sonne Finance attacker address has transferred $7.8 million worth of cryptocurrency to a new address starting with 0x6277, including 100 WBTC and 556.1 ETH. Earlier news, according to Paidun monitoring, the DeFi lending protocol Sonne Finance was hacked and its time lock contract needs to be carefully checked. The current loss is more than $20 million. Sonne Finance posted on the X platform that all Optimism markets have been suspended. The market on Base is safe and more information will be provided in a timely manner. Sonne Finance updated that the attacker took advantage of the vulnerability of the newly added market. Within two days after the market was created, the attacker used the multi-signature wallet and time lock function to execute key transactions and successfully manipulated the market's collateral factor (c-factor). Although the Sonne team quickly organized a response after the attack and suspended the market within 25 minutes after the problem was discovered to reduce further losses, about $6.5 million in funds were retained. The Sonne team is working hard to track the identity of the attacker and has offered a bounty to the attacker, hoping that he will return the funds to avoid further investigation. At the same time, the Sonne team sincerely apologizes for this incident and is contacting all possible partners to work hard to restore funds.