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Solana-based Crema Finance Hacked for $8.7M in DeFi Exploit

DeFi Protocol Crema Finance Loses $8.7 Million to Hackers in

Solana-Based Liquidity Protocol CremaFinance Hacked for $8.7M

Crema Finance

Solana-based concentrated liquidity protocol Crema Finance has lost about $8.7 million worth of assets to hackers in a flashloan attack. This makes it Solana’s first flash

Crema Finance, a Solana-based protocol, suffered a $8.7 million exploit, leading to a suspension of services as they investigate and plan recovery actions .

Solana-Based CremaFinance Latest Defi Protocol to be Hit; $8.7M

Solana

Solana-based Defi platform, CremaFinance is the latest to fall prey to malicious hackers. According to the platform, the attacker made away

Solana DeFi Protocol Crema Finance Halts Operations After a Hack

Solana-Based Protocol ‘Crema Finance’ Exploited for $8.7 Million

Solana

Crema Finance shuts liquidity protocol on Solana amid

Solana-powered liquidity protocol Crema Finance has temporarily suspended its operations after a major hack led to the draining of a sizable amount of funds.

Crema Finance, a DeFi protocol on the Solana network, suffered a security breach in the early hours of Sunday. The hack led to the loss of an estimated $8.7 million

The Hacker Deployed A Malicious

The hacker deployed a malicious contract and used it to activate six flash loans from Solana lending platform Solend in order to add liquidity on Crema and open their