Popsicle Finance Loses $20.7M in Cyberattack
Decentralized finance (DeFi) market maker Popsicle Finance was hacked in a cyberattack that drained $20.7 million from one of its liquidity pools.
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.