Aurory, a Solana blockchain-based gaming platform, recently experienced a significant security breach, resulting in an 80% loss in its AURY-USDC pool liquidity.
The exploit targeted Camelot’s DEX Arbitrum’s SyncSpace Aurory Bridge, prompting the Aurory team to take immediate action.
The hacker exploited a vulnerability in the SyncSpace bridge to withdraw and sell approximately 600,000 $AURY tokens to Arbitrum.
In response, the team quickly disabled SyncSpace to avoid further complications while also protecting user funds and NFTs.
It’s worth noting that the stolen $AURY tokens came from the team’s wallet, not from user funds. The team worked proactively to stabilize the market, executing token buybacks to prevent a complete market downturn. Simultaneously, plans to improve security were put in motion.
Following the security breach, the AURY token lost 17% of its value, reaching $1.17. However, the token was later recovered partially. As the investigation into the incident continues, the team remains committed to purchasing back tokens.
The incident has sparked discussions regarding the security of decentralized ecosystems. The Aurory team has assured users of a comprehensive analysis once the issue is fully resolved, with plans to resume SyncSpace and organize upcoming events for the user community.
