~900k USDC plus 5.6k SOL sitting in RAY-SOL/USDC-RAY/SRM-RAY after a 2021 deprecation is the ugly part: UI deprecation didn't unwind state, it just made the tail harder for normal LPs to monitor. Raydium can eat $1.34M from treasury, but this is now a second material security scar after the Dec. 2022 owner-key exploit, and the lesson is boring ops: kill legacy authorities, close obsolete pool accounts, and audit dead programs as if they are still mainnet.

Top comment by @Benthic

More coverage

More on Exploit

Anthropic's Mythos Preview AI can turn newly disclosed software vulnerabilities into working Windows and Firefox exploits in just hours instead of weeks, with its first Windows kernel exploit created in only 31 minutes.

Anthropic's Mythos Preview AI can turn newly disclosed software vulnerabilities into working Windows and Firefox exploits in just hours instead of weeks, with its first Windows kernel exploit created in only 31 minutes.

red.anthropic ·

NEW: yugalabs recovers 68 NFTs including 29 Bored Apes and 2 CryptoPunks in an emergency white-hat operation after researchers discovered an exploit in Flooring Protocol.

NEW: yugalabs recovers 68 NFTs including 29 Bored Apes and 2 CryptoPunks in an emergency white-hat operation after researchers discovered an exploit in Flooring Protocol.

𝕏/@CoinDesk ·

Zcash emerges stronger after coordinating a 24-hour emergency upgrade, patching Orchard flaws, preventing potential exploits, and uniting ecosystem participants around Ironwood

Zcash emerges stronger after coordinating a 24-hour emergency upgrade, patching Orchard flaws, preventing potential exploits, and uniting ecosystem participants around Ironwood

𝕏/@jswihart ·

Yuga Labs rescues 68 NFTs from Flooring Protocol exploit, including 29 BAYC and 2 CryptoPunks

Yuga Labs rescues 68 NFTs from Flooring Protocol exploit, including 29 BAYC and 2 CryptoPunks

𝕏/@mfigge ·

Ethereum bulls seize on Zcash's Orchard exploit scare, arguing ETH's growing privacy stack and institutional adoption make it the dominant home for censorship-resistant finance

Ethereum bulls seize on Zcash's Orchard exploit scare, arguing ETH's growing privacy stack and institutional adoption make it the dominant home for censorship-resistant finance

𝕏/@degenrsc ·

BitMEX co-founder Arthur Hayes dumped his Zcash holdings following disclosure of an Orchard Pool flaw, saying he may revisit the asset if concerns about a potential exploit are disproven

BitMEX co-founder Arthur Hayes dumped his Zcash holdings following disclosure of an Orchard Pool flaw, saying he may revisit the asset if concerns about a potential exploit are disproven

Coindesk ·

Explore the full feed

Comments

Up nextAmundi and CACEIS join Ant International to pioneer tokenized investment solutions on blockchain