Sonic Ecosystem's Silo Labs Suffers $545,000 Loss in Cyber Attack

According to BlockBeats, the Sonic ecosystem project Silo Labs has been targeted in a cyber attack, resulting in a loss of approximately $545,000. The incident was detected by PeckShieldAlert, a monitoring service that tracks blockchain security threats. Details of the attack and the measures being taken to address the breach have not been disclosed. The incident highlights ongoing vulnerabilities in blockchain projects and the need for enhanced security measures.