Aurory Game’s Liquidity Loss in Camelot’s AURY-USDC Pool
Aurory (AURY), a blockchain-based tactical Japanese role-playing game built on Solana (SOL), recently suffered a significant liquidity loss in its Camelot’s AURY-USDC pool. The incident occurred due to a hack on the SyncSpace bridge, resulting in the unauthorized withdrawal and subsequent market sale of approximately 600,000 AURY tokens on the Arbitrum (ARB) network.
Aurory SyncSpace Bridge Hacked
In an official statement released on December 17, Aurory’s team revealed that a malicious actor had exploited the marketplace’s buy endpoint. This exploit allowed the attacker to inflate their AURY balance in SyncSpace and withdraw around 600,000 tokens to the Arbitrum network. The stolen amount was then sold in the market. SyncSpace was disabled for maintenance to protect user funds.
Exploit Mitigated
The exploit is no longer ongoing as SyncSpace remains offline for maintenance, eliminating further risks. The attacker has exhausted their AURY supply and no longer possesses any tokens to sell. SyncSpace will investigate how the exploit went undetected despite a previous expert audit. The team plans to release a comprehensive post-mortem report once fixes are implemented.
AURY Token Price Decline
Following the exploit, the price of AURY has retraced to $1.0868, marking a decline of 23.5% over 24 hours and 36.5% over seven days. However, AURY still maintains substantial gains of 74% and 70% over 30-day and one-year periods respectively.
Hot Take: Aurory Game’s Liquidity Loss Highlights Security Concerns
The recent liquidity loss experienced by Aurory’s Camelot’s AURY-USDC pool serves as a reminder of the security challenges faced by blockchain-based gaming platforms. This incident underscores the importance of robust security measures and constant vigilance to protect user funds and prevent unauthorized access. As the investigation continues, the team’s commitment to addressing the exploit and providing a post-mortem report demonstrates their dedication to transparency and accountability. Moving forward, it will be crucial for Aurory and other similar projects to strengthen their security protocols to ensure the safety of their communities and maintain trust in the blockchain gaming industry.
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