Post
Topic
Board Bitcoin Discussion
Raydium Decentralized Solana Blockchain Exchange in Hack
by
trytrades69
on 18/12/2022, 07:19:22 UTC
Trynews - One of the largest Decentralized Exchanges (DEXs) on the Solana blockchain, Raydium, has been exposed to more than 31 billion Rupiah. The protocol announced Friday morning that attackers had taken over the "ownership" of the organization allowing access to the funds and used them to drain Raydium's liquidity.

In the DeFi protocol liquidity pool is a collection of user funds that are locked and accumulated in smart contracts to enable trading on DEXs. These liquidity pools help maintain liquidity on the network by rewarding users who contribute assets to those pools.

readmore : https://trynews.id/raydium-decentralized-exchange-blockchain-solana-di-hack/