Raydium, a decentralized exchange network with headquarters in Solana, acknowledged it had fallen prey to an attack in a tweet on Friday. An exploit on Raydium is being investigated that affected liquidity pools. Details to follow as more is known ⁰Initial understanding is owner authority was overtaken by attacker, but authority has been halted on AMM & farm programs for nowAttacker accnthttps://t.co/ZnEgL1KSwz — Raydium (@RaydiumProtocol) December 16, 2022 Raydium Exchange Victim of Fraud Activities As of the time of publication, an attacker who had been successful in fraudulently withdrawing user assets from Raydium exchange pools had roughly $2 million worth The post Solana-Based Raydium Exchange Victim of 7-Figure Deception appeared first on Cryptoknowmics-Crypto News and Media Platform .
