TechFlow news: Solana lending protocol Solend announced that all funds stolen during a price manipulation attack in November 2022 have now been fully repaid.
Approximately $1.26 million was initially stolen. Following market fluctuations, the hacker returned nearly $900,000.
Solend stated that it absorbed the losses shortly after the attack, so no users suffered any financial loss.
Solend expressed gratitude to the hacker for returning the funds, calling it the right decision.
Previously, Solend, the lending protocol on Solana, tweeted that it had detected an oracle attack targeting USDH, affecting isolated pools on Stable, Coin98, and Kamino, resulting in $1.26 million in bad debt.
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