Solana DeFi protocol radium its developers announced that the platform has been hacked. According to preliminary findings, the method of the attack occurred when the attacker took over an ‘authorized’ account of the exchange. The developers stated that the authorizations on the automated market maker and farm programs have been ‘temporarily’ suspended.
A twitter user with the pseudonym ZachXBT said the attacker had $2 million “so far” EthereumHe reported it to .
An exploit on Raydium is being investigated that affected liquidity pools. Details to follow as more is known
— Raydium (@RaydiumProtocol) December 16, 2022
According to CoinGecko’s post, the price of $RAY has lost 10% of its value.
— CoinGecko (@coingecko) December 16, 2022
Since it is a fairly new news, the content of this news will be updated as updates come.
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