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Solana-based decentralized exchange Raydium suffered a $1.34 million exploit. The attack targeted the platform's liquidity pools. The incident adds to a growing wave of DeFi security breaches across blockchain networks.

Raydium DEX reported a $1.34 million exploit that targeted a retired automated market maker program. The treasury will cover all user losses from the incident. The affected program was no longer in active use at the time of the attack.
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