🚹 BREAKING: Solana-based banking platform Avici (AVICI) has suffered a major security breach.

đŸ’„ Attackers reportedly stole ~$670K from 1,100+ user collateral accounts using an authorization flaw in its smart contract.

🔍 The attacker reportedly spent only ~$190 to launch the exploit and processed 8,857+ transactions.

📉 Following the hack, AVICI plunged more than 45%.

⚠ Initial findings indicate the exploit targeted user accounts — not Avici’s central treasury or upgrade key.

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