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At press time Raydium’s liquidity pools held over $37 million in total value locked (TVL), roughly three quarters of the TVL held by Orca, Solana’s top decentralized exchange, according to DeFiLlama. Its native token RAY was worth 23 cents Thursday, per CoinGecko; it has slid two percent in the past
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The person that exploited Solana-based decentralized exchange Raydium has sent $2.7 million in ethereum to controversial coin mixing protocol Tornado Cash. Original Source
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In an alert, blockchain security firm CertiK reported that the Raydium protocol exploiter had sent 1,774.5 Ether (ETH) to the mixer. The amount is worth around $2.7 million at the time of writing. While security teams from various exchanges continue to combat the efforts of hackers, funds continue to flow
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The team behind the Raydium decentralized exchange (DEX) has announced details as to how the hack of Dec. 16 occurred and offered a proposal to compensate victims.According to an official forum post from the team, the hacker was able to make off with over $2 million in crypto loot by
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Solana-based decentralized finance protocol Raydium has suffered an exploit, according to a statement from the developer. An initial investigation by the team revealed that the attacker took over the exchange’s owner account. The team said that “authority” over the automated market maker and farm programs has been paused “for now.”Twitter
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Raydium, which allows users to trade between different cryptocurrencies without the use of an intermediary, is one of the premier platforms in Solana’s beleaguered decentralized finance (DeFi) ecosystem. According to its own numbers, Raydium has around $45 million locked in trading pools and facilitated around $4 million in trades in
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The price of Raydium (RAY) drops to $0.7 against Tether (USDT) from its all-time high of $15 as it eyes to bounce from its low. Despite the relief bounce across most crypto assets, the price of Raydium (RAY) has continued to remain dormant at its all-time low. (Data from Binance) Raydium (RAY) Price
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The cryptocurrency market found itself in a holding pattern on Aug. 17 as the price of Bitcoin (BTC) lingers below $46,000 and bulls regroup to plan their next attempt to push the price higher. Despite the struggles faced by many of the top cryptocurrencies, several altcoins were buoyed by positive developments
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In addition to MINA and RAY, Binance currently has several other tokens listed in the Innovation Zone.Binance is listing Mina (MINA) and Raydium (RAY), adding both to its Innovation Zone, where users can now trade digital currencies. The exchange platform intends to open trading for MINA/BTC, MINA/BNB, MINA/BUSD, and MINA/USDT.
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Major decentralized exchange SushiSwap is the latest to consider action to mitigate Ethereum’s extreme transaction fees, and it involves a potential port to the Solana blockchain.A proposal, which was posted to the SushiSwap forum on Feb. 22 under the codename ‘Bonsai,’ suggests building out the platform on the Solana ecosystem. The
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