Crypto
$2.5M Hack Rocks Solana-Based Market Maker Aquifer
Aquifer, a Solana-based automated market maker, suffered a hack that drained approximately $2.5 million from its operations.
The incident occurred after a wallet address was compromised, allowing the attacker to move funds across multiple blockchain networks, including Ethereum and Solana.
Security analysts note that the multi-chain movement of funds is a common tactic used by attackers to complicate tracing and recovery efforts.
Aquifer has not yet issued a public statement regarding the incident, leaving users uncertain about the root cause or potential steps to mitigate further losses.