Liquidity protocol Crema Finance on Solana suffered a hack of more than $6 million. Protocol temporarily suspended its services upon the attack.
The last DeFi protocol to be hacked was Crema Finance on the Solana network. Crema announced on its official Twitter account today that it is investigating an attack on the protocol and therefore temporarily suspended its services. In his statement on the subject of the protocol, he used the following statements:
“It looks like our protocol has just been attacked. We have temporarily suspended services and are investigating. Updates will be posted here as soon as possible.”
🚨🚨Attention! Our protocol seems to have just experienced a hacking. We temporarily suspended the program and are investigating it. Updates will be shared here ASAP.
— CremaFinance (@Crema_Finance) July 3, 2022
Blockchain audit firm OtterSec said the balance sheet of the attack exceeded $6 million.
@Crema_Finance was recently hacked for over $6M. Unlike previous attacks, this hacker used Solend flashloans to drain the pool. We’re working closely with the Crema team to help resolve this issue.
In the meantime, we’ll be sharing what we know about the exploit 🧵 pic.twitter.com/5NjovZtAEb
— OtterSec (@osec_io) July 3, 2022