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Raydium under attack, $2 million lost by Cointelegraph

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DeFi protocol based on Raydium Solana suffer exploit, according to a statement from the developer. An initial investigation conducted by the team revealed that the attacker took over the account of the stock exchange owner. The team said that “authority” over the automated market maker and farm software has been paused “for now.”

Twitter user and researcher ZachXBT mentioned that the attacker has raised $2 million to date.

Transactions from the administrator’s wallet that were used in the attack. Source: Solscan.io