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Protocol Village: Cyber, Formerly CyberConnect, Unveils Social-Focused Layer 2 on OP Stack

The latest in blockchain tech upgrades, funding announcements and deals. For the period of May 9-15.

May 15, 2024
The DOJ announced the first charges tied to MEV. (Shutterstock)
Brothers Accused of $25M Ethereum Exploit as U.S. Reveals Fraud Charges

The alleged 12-second attack related to the controversial practice known as MEV, or maximal extractable value.

May 15, 2024
(fikry anshor/Unsplash, modified by CoinDesk)
Sonne Finance Token Drops 60% After $20M Exploit on Optimism

Attackers stole ether, velo and stablecoins before developers mitigated the hack and paused operations. Sonne’s markets on the Base blockchain were not affected.

May 15, 2024


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