Aurory’s SyncSpace Bridge on Arbitrum Camelot DEX Reportedly Exploited
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Aurory’s SyncSpace Bridge on Arbitrum Camelot DEX Reportedly Exploited

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Created 1yr ago, last updated 1yr ago

Decentralized gaming ecosystem Aurory, built on the Solana blockchain, reportedly fell victim to a breach on December 17.

Aurory’s SyncSpace Bridge on Arbitrum Camelot DEX Reportedly Exploited

Decentralized gaming ecosystem Aurory, built on the Solana blockchain, reportedly fell victim to a breach on December 17, resulting in a significant liquidity decrease of nearly 80% in the AURY-USDC pool on the Arbitrum-based decentralized exchange (DEX) Camelot.

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Aurory explained that the exploit was on the marketplace’s buy endpoint, which allowed the hacker to increase their balance on SyncSpace and market sell on the open market. However, the team highlighted that all the selling pressure has been absorbed by Aurory and the exploiter has no more AURY left. The team also noted that no user funds and NFTs were affected in this exploit.

SyncSpace serves as Aurory's bridge, allowing users to seamlessly transfer items between on-chain and off-chain environments with a single transaction. It facilitates the movement of in-game assets from an off-chain state to the blockchain. Aurory stated that SyncSpace was "audited months ago by one of the best security firms in the industry" and will be investigating the bug.

At the time of writing, AURY is trading at $1.16, declining over 17% in the past 24 hours. Aurory recently announced the launch of their highly anticipated game, Seekers of Tokane.

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