Avici, a provider of banking services on the Solana blockchain, has issued an update on the security incident it faced. In the update, the company announced that refunds have been fully processed, and it is granting an extra 10% cashback in addition. The cost of the refunds was entirely covered by Rain, its card-issuing partner. According to Avici, the scope of the incident was limited solely to Solana card contract balances that had been funded through the company's deposit flow. The standard Avici Solana and EVM wallets, both of which are self-custodial in nature, were not affected in any way. EVM card balances, fiat currency deposits and withdrawals, as well as the token exchange function, all remained unaffected. The relevant Solana contract has already been upgraded, and no further anomalous activity has been detected up to this point. The team is continuing to monitor the situation. Foresight News previously reported that Avici was attacked yesterday, with damages exceeding $600,000.
Solana-based banking service Avici has provided an update on the hack it suffered. The company says refunds have been fully processed, and it is adding a 10% cashback on top. Rain, Avici's card-issuing partner, covered every refund cost.
According to the update, the impact was limited to Solana card contract balances funded through Avici's deposit flow. Regular Avici Solana and EVM wallets are self-custodial and were not affected. EVM card balances, fiat on/off ramps, and token swap functions also stayed intact.
The relevant Solana contract has been upgraded. No further abnormal activity has been detected so far, and the team continues to monitor.
Earlier, Foresight News reported that Avici was attacked yesterday, with losses exceeding $600,000.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
