Solana Neobank Avici Hit by Security Breach, Refunding Affected Users

Avici, a Solana-based neobank, has suffered a significant security breach that drained user funds. The incident occurred on August 28 and affected an unspecified number of users, who had their card balances depleted.

The same run of exploits hit Ethereum lending protocol Ajna the following day, suggesting a potential vulnerability in the DeFi ecosystem.

In response to the breach, Avici has pledged to refund every affected card balance in full. The company stated that it would cover all losses incurred by its users, although no specific details were provided regarding the timeframe for refunds or any additional support measures.