AVICI protocol exploited for approximately $1.02M; attacker converted stolen SOL to USDC and ETH via cross-chain bridge.

Security & Exploits · 2026-08-29

AVICI protocol was exploited for approximately $1.02M, with the attacker moving 10,000 SOL to another wallet and converting it to roughly $1.02M USDC before bridging the funds and swapping them into approximately 418 ETH.

Previously on Telem

Kamino integrates with PayBox for AI reward earning on USDC 2026-08-29
Avici protocol authorization bug drains $670K from 1,100+ user accounts 2026-08-28
Public Citizen report: Trump crypto ventures caused $4.7B investor losses 2026-08-28
Solana governance approves doubling disinflation rate to 30% 2026-08-28
Bitwise Solana Staking ETF reaches $1 billion in assets under management 2026-08-28