via BeInCrypto · By BeInCrypto Editorial
Raydium Exploit Drains $1.3 Million From Legacy Solana Pools
RAY/USDT
$470,603.20
$0.7254 / $0.6979
Change: $0.0275 (3.94%)
Raydium (RAY) lost about $1.3 million on Wednesday in an exploit that drained five legacy liquidity pools on Solana (SOL). The team confirmed that its treasury will fully cover the losses.
Blockchain security firm PeckShield and on-chain investigator Specter flagged the incident. However, the exploit only touched retired automated market maker (AMM) code, leaving active pools and current users…
COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.
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