Crypto Entity Avici Suffers $1.02 Million Loss in Recent Attack

Avici, an unknown entity in the crypto space, has reportedly suffered a loss of approximately $1.02 million due to a recent attack.

The attackers allegedly transferred 10,000 SOL to another wallet and exchanged it for around $102,000 USDC, which was then moved through a cross-chain bridge and converted into approximately 418 ETH.

The entire ordeal is said to have taken place on August 29, 2026, with the exact circumstances surrounding the attack still unclear at this time.