Allbridge halts Solana pools after $1.65M flash loan exploit
The attacker used a $1.12M flash loan from Kamino to skew USDC/USDT pool ratios, withdrew at favorable rates, and bridged proceeds to Ethereum.
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The attacker used a $1.12M flash loan from Kamino to skew USDC/USDT pool ratios, withdrew at favorable rates, and bridged proceeds to Ethereum.
The attacker rapidly shifted the stolen value from Solana to Ethereum and converted it into ETH, extending the incident across two major ecosystems.
Liquidity providers in affected pools were urged to withdraw funds after the attacker moved the stolen assets from Solana to Ethereum.
The attacker bridged stolen funds from Solana to Ethereum, and the protocol's pause is the kind of containment move that signals a live, in-flight incident rather than a post-mortem.