This Solana-Based Decentralized Exchange Was Just Exploited - Here's What Happened

Raydium, one of the largest decentralized exchanges (DEXes) on the Solana blockchain, has been exploited to the tune of over $2 million. The protocol announced early Friday that an attacker had managed to overtake the organization's "owner authority," which offered them access to funds, and used it to drain Raydium's liquidity pools. ...