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

Solana-Based Liquidity Protocol CremaFinance Hacked for $8.7M

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

Crema Finance

Crema Finance shuts liquidity protocol on Solana amid

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

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 .

The hacker deployed a malicious

DeFi Protocol Crema Finance Loses $8.7 Million to Hackers in

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

Solana DeFi Protocol Crema Finance Halts Operations After a Hack

Solana

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.

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

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

Solana

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