PeckShield monitoring shows that the Raydium protocol suffered an attack resulting in $1.3 million in losses; the attacker’s funds originated from KuCoin, were cross-chain transferred from Solana to ETH, and then deposited 810 ETH into Tornado Cash and 7 ETH into FixedFloat. (PeckShieldAlert)
Raydium Protocol Suffers $1.3M Loss in Attack
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Summary
The Raydium protocol update reveals a $1.3 million loss following a recent attack. PeckShield tracking shows the attacker moved funds from KuCoin, cross-chained them to ETH, and deposited 810 ETH into TornadoCash and 7 ETH into FixedFloat. ETH news underscores the ongoing security risks in DeFi. The incident occurred on the Solana network and is under further investigation.
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