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DeFi Protocol Sovryn Suffers Exploit, $1.1 Million Stolen

cryptodaily.co.uk

Bitcoin-based decentralized finance protocol Sovryn suffered a major exploit on Tuesday, with a hacker draining $1.1 million from the protocol.  The hacker exploited a legacy function to drain the protocol, using a price manipulation technique in one of the protocol's lending pools.

Read in Full: cryptodaily.co.uk

Timeline of Sovryn

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Bitcoin Bitcoin
62312.2000 -2.23%
Ethereum Ethereum
3164.03000 -4.50%
BNB BNB
585.782000 -2.45%
Solana Solana
134.703000 -5.67%
XRP XRP
0.50248900 -3.68%