Tag: RAY

RAY, the native governance token of Raydium, the automated market maker (AMM) decentralized exchange (DEX) on Solana, soared 30% on May 17 before reversing gains, plunging to spot rates. RAY…

The cryptocurrency exchange Raydium, based in Solana, has proposed a Bug Bounty Fund of approximately $2 million.

The Solana-based crypto-exchange Raydium has launched a proposal that includes a $2 million bug bounty. The initiative aims to engage the community and eliminate bugs affecting the protocol’s core smart…

The Raydium protocol exploiter transmitted 1,774.5 ETH to Tornado Cash, a sanctioned cryptocurrency mixer. On December 16, 2022, the Solana-based DeFi protocol was attacked.

Tornado Cash received 1,774.5 Ether (ETH) from the Raydium protocol exploiter. The Solana-based DeFi protocol was attacked on December 16, 2022.

The hackers sent 1,774.5 Ether to the sanctioned cryptocurrency mixer weeks after the DeFi protocol exploit.

An Ethereum address connected with an exploit last of Raydium laundered $2.7 million through Tornado Cash, security firm CertiK noted.

According to reports, former CEO and founder of fallen crypto exchange FTX, Sam Bankman-Fried, acquired 2 million worth of raydium.

The Raydium decentralized exchange (DEX) team has disclosed specifics on the incident that happened on December 16 and has put up a suggestion to make amends for victims.

The attacker made use of an exploit that allowed entire liquidity pools to be withdrawn as “fees.”