{"id":729,"date":"2022-07-04T05:36:11","date_gmt":"2022-07-04T05:36:11","guid":{"rendered":"https:\/\/solanacrypto.news\/2022\/07\/04\/solanas-hack-investigation-forces-crema-finances-to-shut-liquidity-protocol\/"},"modified":"2022-07-04T05:36:11","modified_gmt":"2022-07-04T05:36:11","slug":"solanas-hack-investigation-forces-crema-finances-to-shut-liquidity-protocol","status":"publish","type":"post","link":"https:\/\/solanacrypto.news\/2022\/07\/04\/solanas-hack-investigation-forces-crema-finances-to-shut-liquidity-protocol\/","title":{"rendered":"Solana\u2019s Hack Investigation Forces Crema Finances to Shut Liquidity Protocol"},"content":{"rendered":"
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While the Crypto Twitter community waited for Crema Finance to report on the matter, they took it upon themselves to locate the hacker\u2019s wallet and gain a deeper understanding of the issue.<\/p>\n

Crema Finance, a focused liquidity protocol built on the Solana blockchain<\/a>, has stated that it would temporarily suspend its services as a result of a successful exploit that has resulted in the loss of a substantial but unknown sum of cash.<\/p>\n

As soon as Crema Finance became aware of the breach on its protocol, it took immediate action to halt the liquidity services. This was done to prevent the hacker from depleting the liquidity reserves of Crema Finance, which include the cash of the service provider and investors.<\/p>\n

Buy Solana Now<\/strong><\/span><\/a><\/span><\/p>\n

Your capital is at risk.<\/em><\/p>\n

Steps Taken To Rectify Problem<\/h2>\n

In an interview with Cointelegraph, Henry Du, one of the co-founders of Crema Finance, discussed the issue at hand and verified that an inquiry has been launched.<\/p>\n

He mentioned that the group is collaborating with a few different security businesses, and they have received help from Solana, Solscan, and Etherscan, among other companies.<\/p>\n

They have promised to keep their official Twitter account updated with any new information.<\/p>\n

\"Punt