AVICI Token Crashes 37% After $600K Withdrawal Incident
Solana-based AVICI token saw a sharp price crash of 37% after reports emerged of a $600K card withdrawal incident.
The network confirmed that there was an issue affecting withdrawals from customers' card balances, and Avici said it was working with its partners to resolve the problem.
An address associated with the exploit held coins worth around $604,800 before disbursing them elsewhere, according to Solscan.