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An exploiter siphoned funds from Raydium liquidity pools and immediately sent over $2.5 million through Tornado Cash.

After Serum, another Solana-based DEX seems to have had its administrator key compromised.

An exploiter stole around $2.5 million in cryptocurrencies from Solana-based decentralized exchange Raydium.

Solana-based decentralized exchange Raydium has been exploited for $2.2 million.  The attacker overtook the owner's authority on the platform, according to the firm's initial understanding.

The team said that authority over the automated market maker and farm programs have been paused, “for now.”

Currently, about $2 million of different cryptocurrencies are sitting in the attacker's account.

Solana-based decentralized exchange Raydium suffered an exploit that appears to have taken more than $2 million. The post Solana-based exchange Raydium suffers $2 million exploit appeared first on The Block.

Many cryptocurrency projects have been subject to sudden price dips and are experiencing difficulties maintaining an upwards trend.

The price of Raydium (RAY) drops to $0.7 against Tether (USDT) from its all-time high of $15 as it eyes to bounce from its low. Despite the relief bounce across most crypto assets, the price of Raydium (RAY) has continued to remain dormant at its all-time low.

Solana (SOL) Price Analysis The Solana price fell short of momentum and continues to trade within the symmetrical triangle The recent upswing uplifted the price close to the resistance but failed to break the levels as the bearish pressure mounted at the resistance However, bulls still appear to be well-positioned and hence the asset may

U.S. Nasdaq-listed cryptocurrency trading platform Coinbase has updated its roadmap, adding two Ethereum-based altcoins, Gnosis (GNO) and Metal (MTL), and a project built on the Solana blockchain Raydium (RAY).