🚨Crypto Alert! Sonne Finance has been hacked, losing nearly $20M in crypto assets including WETH, VELO, soVELO, and USDC. The hacker exploited a vulnerability in the Compound platform. Sonne Finance has suspended operations on the Optimism network during the investigation. They're offering a reward to the hacker for returning the funds. 💰

Meanwhile, a potential hack at Middle East-based crypto exchange Rain is under investigation. $14.8M in BTC, ETH, SOL, and XRP were suspiciously withdrawn.

Interestingly, crypto hacks fell by 67% in April, a significant decline from the previous months. What do you think about these incidents? Let's discuss below! 👇🔍