Zunami Protocol Reports $500,000 Cyberattack Loss

A cyberattack against Zunami Protocol has resulted in a loss of approximately $500,000 worth of collateral from its zunUSD and zunETH assets. The stolen funds were transferred to Tornado Cash, a platform known for enabling anonymous transactions. PeckShield, a blockchain security firm, discovered the incident. Zunami Protocol is currently investigating the situation and developing strategies to mitigate future security vulnerabilities.