Anthropic · Decrypt
Furthermore, the exploit took place one day after private AI firm Anthropic released an upgraded version of Mythos
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Amid the incident, Raydium’s native token is down around 2% in the last 24 hours, recently changing hands at $0.567.
Key facts
- In total, the attacker made off with nearly $900,000 in USDC, approximately $357,000 in SOL, and $86,000 worth of RAY
- Amid the incident, Raydium’s native token is down around 2% in the last 24 hours, recently changing hands at $0.567
- In April, KelpDAO and Solana-based Drift Protocol each suffered exploits that affected shy of $300 million in funds, respectively
- Last week, privacy network Zcash saw its native token crash more than 40% in 24 hours after developers disclosed that a security researcher used a frontier AI model to discover a four-year-old
Summary
Solana DEX Raydium was hit with a $1.3 million exploit on Wednesday. The exploit affected five deprecated liquidity pools from an older version of its automated market maker program. The incident joins a growing list of DeFi exploits and the discovery of major vulnerabilities, some fueled with AI tools. Five deprecated liquidity pools from Solana-based decentralized exchange Raydium were exploited on Wednesday, leading to more than $1.34 million in stolen funds. The exploit impacted the firm’s legacy automated market maker program and led to the loss of Solana (SOL), as well as dollar-backed stablecoin USDC and the exchange’s native token, RAY.