Cryptocurrency News

Crema Finance shuts liquidity protocol on Solana amid hack investigation

07/04/2022

Less than a minute

2022.07.04 09:16

Crema Finance shuts liquidity protocol on Solana amid hack investigation

Crema Finance, a concentrated liquidity protocol over the Solana blockchain, announced the temporary suspension of its services owing to a successful exploit that has drained a substantial but undisclosed amount of funds.

Soon after realizing the hack on its protocol, Crema Finance suspended the liquidity services to refrain the hacker from draining out its liquidity reserves — which include the funds of the service provider and investors.

07/04/2022

Less than a minute

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