Solana AMM Aquifer hit by US$2.5M hack

• Aquifer, a Solana-based automated market maker, lost about US$2.5 million in a hack.
• The attacker moved funds across Ethereum and Solana after a wallet was compromised.
• The cause remains unconfirmed, with a private-key leak and privilege abuse among possible explanations.

Aquifer, a Solana (CRYPTO:SOL)-based automated market maker, lost about US$2.5 million in a hack.

A compromised wallet allowed the attacker to move funds across Ethereum (CRYPTO:ETH) and Solana.

BlockBeats reported that the attacker used addresses across several blockchain networks during the incident.

The exact cause remains unknown, with a private-key leak or administrative abuse among possible explanations.

Aquifer had not issued a public statement when BitcoinWorld published its report on September 1.

The movement across several networks could make tracing and recovering the stolen funds harder.

There is no confirmation that the stolen assets have been frozen or recovered, according to the report.

At the time of reporting, Solana price was $104.30.