Solana Based DeFi Hacked: Altcoin Price Drops!


Solana Based DeFi Hacked: Altcoin Price Drops!

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 .

Solana Based DeFi Hacked: Altcoin Price Drops!

According to CoinGecko’s post, the price of $RAY has lost 10% of its value.

Since it is a fairly new news, the content of this news will be updated as updates come.

You can follow the current price action here.

Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility. Finally, Koinfinans and the author of this content cannot be held responsible for personal investment decisions.



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