Odaily Planet Daily reports, according to Onchain Lens monitoring, AVICI was attacked, resulting in a loss of approximately $1.02 million. An address transferred 10,000 SOL to another wallet, exchanged them for approximately $1.02 million in USDC, then bridged the funds and converted them into approximately 418 ETH.
AVICI suffered an attack resulting in a loss of approximately $1.02 million, with the attacker exchanging 10,000 SOL for USDC and acquiring ETH across chains.
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Summary
AVICI suffered a security breach, with attackers siphoning approximately $1.02 million. A wallet transferred 10,000 SOL to another address, swapped it for USDC, and bridged the funds to acquire around 418 ETH. ETH prices remain under pressure as the incident contributes to market volatility. Traders are closely monitoring ETH analysis for signs of further movement amid growing concerns over DeFi security.
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