Hackers exploit Raydium protocol, sending $2.7 million
Tornado Cash received 1,774.5 Ether (ETH) from the Raydium protocol exploiter. The Solana-based DeFi protocol was attacked on December 16, 2022.
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Tornado Cash received 1,774.5 Ether (ETH) from the Raydium protocol exploiter. The Solana-based DeFi protocol was attacked on December 16, 2022.
The Raydium protocol exploiter transmitted 1,774.5 ETH to Tornado Cash, a sanctioned cryptocurrency mixer. On December 16, 2022, the Solana-based DeFi protocol was attacked.
The Raydium hacker allegedly transferred 1,774.5 ETH to Tornado Cash to cover their tracks, etherscan.com reveals.
The Raydium exploiter drained a total of $4.4 million in digital assets from the Solana DEX in December 2022 before moving the funds to Ethereum's blockchain.
A wallet address linked to the Raydium DEX exploiter has moved about $1.75 million worth of ETH via the sanctioned mixing protocol Tornado Cash.
An Ethereum address connected with an exploit last of Raydium laundered $2.7 million through Tornado Cash, security firm CertiK noted.
The hackers sent 1,774.5 Ether to the sanctioned cryptocurrency mixer weeks after the DeFi protocol exploit.
According to reports, former CEO and founder of fallen crypto exchange FTX, Sam Bankman-Fried, acquired 2 million worth of raydium.
The Raydium decentralized exchange (DEX) team has disclosed specifics on the incident that happened on December 16 and has put up a suggestion to make amends for victims.
The attacker made use of an exploit that allowed entire liquidity pools to be withdrawn as “fees.”
Following up on the recent vulnerability in the Raydium Liquidity Pool, Raydium Protocol has just issued a comprehensive update.
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.
Solana's woes continue as the Raydium protocol, an automated market maker (AMM) on the Solana (SOL) network was hacked on December 16. Raydium, a Solana DeFi protocol was hacked for over $2 million early on Friday.
DeFi protocol Raydium suffered a liquidity pool exploit on Friday, compromising approximately $2 million in funds. The post Raydium Protocol Suffers A $2M Liquidity Pool Attack appeared first on BeInCrypto.
Radiyum Protocol, an order book AMM (Automated market Maker) on the Solana [SOL] network, was hacked on 16 December. Reportedly, the hacker extracted funds from various Raydium liquidity pools without owning or burning any LP tokens.
Raydium discovers a major exploit in its liquidity pool and loses at least $2 million, while users are urgently requesting withdrawals. Raydium, the decentralized Solana-based protocol, announced on Dec. 16 that it was compromised.
The attacker appears to have used the protocol's own private keys to drain liquidity pools. It's unclear how they got them.
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.