Solana

Aurory

Aurory, a Solana blockchain-based gaming platform, recently experienced a significant <a href="https://optimisus.com/news/crypto-news/crypto-hacks-reach-1b-in-2023-less-compared-to-2022/" rel="noopener noreferrer nofollow">security breach</a>, resulting in an 80% loss in its AURY-USDC pool liquidity.  
The exploit targeted Camelot's DEX Arbitrum's SyncSpace Aurory Bridge, prompting the Aurory team to take immediate action.  
The <a href="https://optimisus.com/news/crypto-news/this-defi-platform-loses-about-3-3-million-in-ethereum-eth-to-hackers/" rel="noopener noreferrer nofollow">hacker exploited</a> a vulnerability in the SyncSpace bridge to withdraw and sell approximately 600,000 $AURY tokens to Arbitrum.  
In response, the team quickly disabled SyncSpace to avoid further complications while also protecting user funds and NFTs.  
It's worth noting that the stolen $AURY tokens came from the team's wallet, not from user funds. The team worked proactively to stabilize the market, executing token buybacks to prevent a complete market downturn. Simultaneously, plans to improve security were put in motion.  
Following the <a href="https://optimisus.com/news/crypto-news/monero-wallet-loses-460000-to-hackers/" rel="noopener noreferrer nofollow">security breach</a>, the AURY token lost 17% of its value, reaching $1.17. However, the token was later recovered partially. As the investigation into the incident continues, the team remains committed to purchasing back tokens.  
The incident has sparked discussions regarding the security of decentralized ecosystems. The Aurory team has assured users of a comprehensive analysis once the issue is fully resolved, with plans to resume SyncSpace and organize upcoming events for the user community. 
The post <a href="https://optimisus.com/news/crypto-news/aurory-gaming-on-solana-was-hit-by-a-major-hack-losing-80-in-aury-usdc-pool/" rel="noopener noreferrer nofollow">Aurory gaming on Solana was hit by a major hack, losing 80% in AURY-USDC pool</a> appeared first on <a href="https://optimisus.com" rel="noopener noreferrer nofollow">Optimisus</a>.

Aurory gaming on Solana was hit by a major hack, losing 80% in AURY-USDC pool

Optimisus

Other articles published on Dec 18, 2023

AllianceBlock Submits Ethereum Proposal for New RWA Token Standard

How Inscriptions has impacted transactions across the board

Emerging Trends in AI: Transforming Consumer Behavior and Market Dynamics

Solana Saga Phone Fetches $5,000 on eBay Amid BONK Meme Coin Frenzy

Dogecoin Price Prediction for Christmas Day

Solana Threatens To Unseat Ethereum In Trade Volume With $1 Billion In Single Day

Join our free newsletter for daily crypto updates!