bibibi.ccLoading…
PANews cited Onchain Lens as saying that Solana an arbitrage bot on King had approximately 786000 USD in assets stolen.
Solana arbitrage bot on King stolen 786000 USD
PANews November 3 According to monitoring by Onchain Lens,Solana one of the longest-running arbitrage bots on King(historical profit 7200000 USD) had approximately stolen 786000 USD, including 4260 tokens WSOL、191 tokens SOL and 366000 USD stablecoins.
Source: https://www.panewslab.com/zh/articles/01a19ed0-f4b9-72ea-8fb1-6115fd3dbc41
PANews on November 3 reported that King assets had been stolen.
The report cited monitoring results from Onchain Lens.
King was described as Solana one of the longest-running arbitrage bots on.
The report stated that King historical profit was 7200000 USD。
The report stated that King approximately was stolen, 786000 USD including 4260 tokens WSOL、191 tokens SOL and 366000 USD stablecoins.
The following is analysis, separate from reported facts. Verify important claims independently.
The report said that multiple on-chain assets held by an automated arbitrage bot named King were stolen.WSOL、SOL and stablecoins were both listed among the lost assets, but the original report did not explain how the funds were stolen.
The incident directly involved King's on-chain funds and automated trading security; the original report did not indicate that Solana itself or other bots were affected.
Beginners should note that automated trading programs may face wallet, key, or program security risks even if they have been profitable for a long time; however, this report did not confirm the specific cause of the theft.
Loading event timeline…
This term is not in the glossary yet. Browse related concepts in the glossary.
View glossary →An asset that seeks to track a reference value and is subject to risks including depegging, reserves, and redemption.
View glossary →This term is not in the glossary yet. Browse related concepts in the glossary.
View glossary →