Home Fear & Greed Pools Wallets Advertise Facebook Twitter Telegram Reddit Youtube
Market Cap:
24h Vol:
Cryptocurrencies: 10367
Markets: 113850
Crypto Currency Tracker logo Crypto Currency Tracker logo
ENG
EST
RUS
TUR
DEU
KOR
ITA
USD
USD
AED
AFN
ALL
AMD
ANG
AOA
ARS
AUD
AWG
AZN
BAM
BBD
BDT
BGN
BHD
BIF
BMD
BND
BOB
BRL
BTN
BWP
BYN
BZD
CAD
CDF
CHF
CLF
CLP
CNH
CNY
COP
CRC
CUC
CUP
CVE
CZK
DJF
DKK
DOP
DZD
EGP
ERN
ETB
EUR
FJD
FKP
GBP
GEL
GHS
GIP
GMD
GNF
GTQ
GYD
HKD
HNL
HRK
HTG
HUF
IDR
ILS
IMP
INR
ISK
JMD
JOD
JPY
KES
KGS
KHR
KMF
KPW
KRW
KWD
KYD
KZT
LAK
LBP
LKR
LRD
LSL
LYD
MAD
MDL
MGA
MKD
MMK
MNT
MOP
MRO
MRU
MUR
MVR
MWK
MXN
MYR
MZN
NAD
NGN
NIO
NOK
NPR
NZD
OMR
PAB
PEN
PGK
PHP
PKR
PLN
PYG
QAR
RON
RSD
RUB
RWF
SAR
SBD
SCR
SDG
SEK
SGD
SHP
SLL
SRD
SSP
STD
STN
SVC
SYP
SZL
THB
TJS
TMT
TND
TOP
TRY
TTD
TWD
TZS
UAH
UGX
UYU
UZS
VEF
VND
VES
VUV
WST
ZAR
ZMW
ZWL
Market Cap
24h Vol
10367
Cryptocurrencies
58.53%
Bitcoin Share
Cryptopolitan 2026-08-29 14:00:35

Avici commits to full user compensation as hackers move on to new victims

Avici commits to full user compensation as hackers move on to new victims

Avici, a Solana-based neobank, has said that it will refund every affected card balance in full after an August 28 breach drained user funds. The same run of exploits claimed the Ethereum lending protocol Ajna a day later. The refund promise came in an August 28 post on X , where Avici said its card-issuing partner Rain had traced the problem to a flawed version of a Solana card contract. “All affected card balances will be refunded in full” Avici wrote that the contract was used by the neobank, “and a small number of other programs” before being upgraded across the board. It stated that 1,685 users who were affected by the exploit, which represents $500,859.22 in card balances, will have their respective balances refunded in full. How the attacker emptied the card program DefiLlama’s hack database logs the Avici incident at $500,859, the same as the firm stated in its update. It also classified it as a withdrawal logic flaw in a Rust-based protocol. Initial reports put the range between $600,000 and more than $1 million. The attacker reportedly called a function named SubmitSignatures on Avici’s authorization program, followed by AddCollateralAdmin on its collateral program, then WithdrawCollateralAsset to pull funds out. The attacking wallet ended up holding about 10,005 SOL, worth around $1.07 million at the time, along with around $11,600 in stablecoins. Following the exploit, the AVICI token fell by about 39% in 24 hours to near $0.26, touching a new all-time low of around $0.2189. That left it down by over 96% from the peak of $7.61 that it hit in November 2025. As of the time of writing, the token has seen a little recovery and is now trading around $0.3093, but it is still down by over 27.8% in the past 24 hours, per CoinMarketCap data . Ajna becomes the next name on the list On August 29, on-chain monitoring firm Defimon Alerts reported on X that Ajna lost about $775,000 to what it described as liquidation accounting manipulation on Ethereum, with the syrupUSDC pool alone accounting for $173,700. Defimon said it had flagged a prepared attack more than an hour before the first exploit transaction and warned the team in its Discord, but Ajna “failed to react.” Ajna confirmed it was investigating “unusual movements” and urged users to withdraw all funds, repay loans, and stop interacting with the protocol. DefiLlama data shows Ajna’s total value locked at about $246,880, down 71.3% over the prior 30 days. A costly year for audited protocols A CoinGecko report titled “2026’s State of Crypto Security” documented over 245 incidents between January 2025 and July 2026, totaling $3.63 billion in losses. Of those, 147 hit audited protocols, accounting for 88.44% of all stolen capital, and most attacks exploited infrastructure, third-party services, governance, or human error rather than bugs inside the audit’s scope. Coverage to absorb those losses is also on a decline, as active on-chain insurance reportedly fell to 20.2% of the market, from $163.2 million to $130.2 million. Also, five of nine on-chain insurance protocols reportedly went inactive or pivoted by August 2026. If you're reading this, you’re already ahead. Stay there with our newsletter .

Most Read News

Market Cap
24h Vol
58.53%
Bitcoin Share
0
Today News
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.