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Popsicle Finance Loses $20.7M in Cyberattack
The hack affected Popsicle's Sorbetto Fragola pool.
Decentralized finance (DeFi) market maker Popsicle Finance was hacked in a cyberattack that drained $20.7 million from one of its liquidity pools.
STORY CONTINUES BELOW
- The exploit affected Popsicle's Sorbetto Fragola (UniswapV3 Optimizer) pool, according to an announcement Wednesday.
- Popsicle's other contracts weren't affected.
- The hacker made off with $20.7 million in various crypto, including a combined $10 million in USDC and tether.
Jamie Crawley
Jamie has been part of CoinDesk's news team since February 2021, focusing on breaking news, Bitcoin tech and protocols and crypto VC. He holds BTC, ETH and DOGE.
