Raydium Exploit Drains $1.3 Million From Legacy Solana Pools
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...
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