The Daily Hodl
2022-12-17 23:05:26

Hacker Exploits Solana-Based Project Raydium for Over $4,300,000 As the Protocol’s Native Token Slumps

A hacker just exploited the Solana (SOL)-based automated market maker (AMM) Raydium (RAY) for more than $4.3 million in crypto. Raydium first acknowledged the hack on Twitter on Friday morning. “An exploit on Raydium is being investigated that affected liquidity pools. Details to follow as more is known. Initial understanding is owner authority was overtaken The post Hacker Exploits Solana-Based Project Raydium for Over $4,300,000 As the Protocol’s Native Token Slumps appeared first on The Daily Hodl .

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