Avici Hit By Ongoing Exploit Draining User Accounts
KuCoin has issued an alert regarding Avici, stating that it is being hit by an ongoing exploit draining user accounts.
According to on-chain researchers, an attacker gained admin rights over 1,100+ Solana collateral accounts, resulting in losses estimated at $670K and rising.
Avici has acknowledged the issue and is working with partners to resolve it.