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    Home » Raydium is attacked, loses $2 million
    Crypto

    Raydium is attacked, loses $2 million

    cryptodailysignalsBy cryptodailysignalsDecember 16, 2022No Comments1 Min Read
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    Raydium, the Solana DeFi protocol, is reportedly affected by an exploit. statement From developer. Preliminary investigations by the workforce revealed that the attackers had taken over the trade’s proprietor accounts. The workforce stated its “authority” over automated market makers and farm packages has been suspended “for now.”

    A Twitter consumer with the deal with ZachXBT studies that the attackers have “to this point” bridged $2 million to Ethereum.

    A Raydium exploit that impacted liquidity swimming pools is being investigated.We are going to observe up with particulars as quickly as they’re identified

    ⁰ Our preliminary understanding was that the proprietor’s rights had been hijacked by the attacker, however AMM and farm program rights have been suspended for now
    Attacker account https://t.co/ZnEgL1KSwz

    — Raidium (@RaydiumProtocol) December 16, 2022

    That is preliminary and might be up to date as new info turns into out there.