🚨 HACK ALERT: $1.1M DRAINED FROM SOLANA CARD PROGRAMS!$SOL

A vulnerability in an outdated Rain contract was reportedly exploited, draining around $1.1 million across multiple Solana-based card programs.

Among the losses, approximately $500,800 was taken from 1,685 AVICI users. 😱

Following the exploit, $AVICI plunged nearly 49%, while the attacker converted stolen stablecoins into $SOL before bridging the funds to Ethereum.$ETH

🛡️ The positive news: AVICI says self-custodial wallets were not affected, and compromised card balances are expected to be fully refunded.

Stay alert and always review the security of connected Web3 services. 🔐

#AVICI #Solana #Crypto #Hack #Web3 #BinanceSquare