On July 3rd, the Crema Finance decentralized liquidity protocol, which is part of the Solana ecosystem, was hacked.
The hacker managed to find a platform vulnerability and committed a large-scale attack; as a result, he withdrew digital assets worth almost $10 million from liquidity pools. To carry out the attack, the hacker deployed his own smart contract on the Solana network that interacts with Crema Finance.
Software hacks are almost art these days
Apparently, the hacker treated his work as art too, or maybe he simply decided to “buy” himself some kind of “insurance”.
In the end, the hacker returned stolen funds worth $7.8 million to Crema Finance and left 45,455 SOL (about $1.6 million) for himself as a reward.