The Sonne Finance lending protocol was exploited for at least $20&nbsp;million as an attacker was able to exploit a vulnerability in some of their <button class="define-target" id="smart-contract">smart contracts</button>. Sonne is a <button class="define-target" id="fork">fork</button> of the Compound Finance project, which has known vulnerabilities that are sometimes not properly addressed by people who reuse the code — as has happened with <a href="https://www.web3isgoinggreat.com/?id=radiant-capital-hack" target="_blank">Radiant Capital</a> and <a href="https://www.web3isgoinggreat.com/?id=80-million-stolen-from-fei-protocol-and-rari" target="_blank">Rari</a>.<p>After being alerted to the theft by several security companies, Sonne announced they had paused the contract on the Optimism Ethereum <button class="define-target" id="layer-2">layer-2</button> chain.</p>

Archived tweet

Tweet by Sonne Finance: