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      Solana ecosystem neobank Avici attacked due to card contract vulnerability, about $500,000 affected, team promises full refund

      PANews reported on August 29 that Avici, a new bank in the Solana ecosystem, released an update stating that a certain version of the Solana card contract used by Avici and a small number of projects had a vulnerability. Contract upgrades for all related projects have now been completed, and no further unauthorized activity has occurred. This incident only affected the standalone Solana contracts used to store bank card balances, while users' self-custodied Solana and EVM wallets were not affected. A total of 1,685 users were affected in this security incident, involving approximately $500,859.22 in bank card balances, and all affected users will receive full refunds. Avici has filed a report with the FBI's Internet Crime Complaint Center (IC3).


      Source: PANews
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      Terra Founder Do Kwon Sentenced to 15 Years in Prison for Fraud