Crema Finance suspends liquidity protocol on Solana amid probe of hack

Sun, Jul 03, 2022

Aliens TLDR

Crema Finance, a concentrated liquidity protocol on the Solana blockchain, temporarily suspended services because of a hack that drained an undisclosed amount of funds, the company said on Twitter early this morning.

Updates will be shared here ASAP,” Crema said.

Unlike previous attacks, this hacker used Solend flashloans to drain the pool.” Crema said it would share updates as they become available.

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