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⚠️ Raydium Exploit Drains $1.34M From a Legacy Program Retired Nearly 5 Years Ago A hacker has exploited Raydium's legacy AMM V3 program, which has been inactive since 2021, draining approximately $1.34 million from several dormant liquidity pools. 🔸 The stolen assets included 150,177 RAY, 5,603 SOL, and 893,700 USDC across five legacy pools. 🔸 According to the post-mortem, the vulnerability stemmed from insufficient LP token validation. The AMM V3 program verified the amount of LP tokens presented during withdrawals but failed to properly verify their origin. 🔸 The attacker was able to create counterfeit LP tokens, use them as valid withdrawal credentials, and drain funds that had remained locked in inactive pools since the collapse of Serum. 🔸 Raydium emphasized that the exploit was isolated to the deprecated AMM V3 codebase and was not caused by compromised private keys, governance access, or infrastructure. 🔸 Current Raydium programs are not affected, as they include full LP token origin verification. No active users suffered losses. 🔸 The Raydium treasury will fully reimburse affected funds, and the team has launched a comprehensive security review of all remaining legacy programs. $BTC $ETH $RAY

🚨 BREAKING: $1.34M Raydium Exploit 🚨 Solana’s @RaydiumProtocol has suffered a $1.34 million exploit targeting its legacy AMM V3 liquidity pools. The Facts: • Current UI users are completely SAFE. • The exploit targeted an old, deprecated code program. • Stolen assets included $SOL, $RAY, and $USDC. • Raydium's treasury will fully reimburse the losses. Good response from the team to protect liquidity providers quickly. 👇 Follow for more breaking crypto news! $BTC $ETH $SOL

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$SOL 👀 Liquidity heatmap shows a massive cluster sitting above current price around the $83-$84 zone. If momentum returns, that area could act like a magnet for price 🎯 Meanwhile... 🔥 Circle minted 500M $USDC on Solana today. Fresh liquidity entering the ecosystem is always worth watching. Something interesting could be brewing 👀