Cypher Protocol Loses $1 Million in Blockchain Exploit – Here's What Happened
Solana-based decentralized exchange Cypher Protocol halted its smart contract following an exploit that saw an estimated $1 million stolen. On the evening of August 7 (UTC), Cypher confirmed that there had been a securit...
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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
On the evening of August 7 (UTC), Cypher confirmed that there had been a security incident, saying that the team was investigating it, but without providing specific information.
The event resulted in the smart contract getting frozen, it said....
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