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Crypto

Avici Hack Exposes $1M in User Funds, Team Offers 10% Cashback

Guavy AI Editorial Team
Instruments
SOL
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A Solana-based security exploit in Avici exposed over $1 million in user funds after an attacker reportedly spent just $190 on gas before draining over $670,000.

The Avici team has now refunded the affected user in full and added 10% cashback after identifying and fixing the contract issue.

According to reports, the attacker took advantage of a vulnerability to drain funds from the platform, highlighting the importance of security measures for users' assets.

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