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Raydium is attacked, loses $2 million



Solana DeFi protocol Raydium has suffered an exploit, in line with a statement from the developer. An preliminary investigation by the group has revealed that the attacker has taken over the alternate’s proprietor account. The group says that “authority” over the automated market maker and farm packages have been paused, “for now.”

A twitter consumer who goes by the deal with ZachXBT has reported that the attacker has bridged $2 million “thus far” to Ethereum.

It is a breaking story and will probably be up to date as new data is available in.