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 pause puts affected pools and liquidity providers on alert as investigators assess a cross-chain bridge attack involving a flash loan.
The $6M loss is a third of the protocol's TVL; the accounting-logic flaw and the unpaused window before guardians acted will get equal scrutiny from audit shops and depositors.