Liquidity hub Serum had to be forked as it was compromised when a hack targeted the crypto exchange FTX.
Developers Launch New Fork
The widely used Solana-based liquidity hub Serum was compromised in the November 11 hack of the FTX crypto exchange, which led to several unauthorized transactions. As a result, Solana developers worked through the weekend to fork the hub by creating and deploying a verified build of the same version. One such developer, who goes by the online pseudonym of Mango Max, tweeted the news and also revealed that the upgrade authority and fee revenues have been put under the management of a team of trusted developers through a multi-sig mechanism.
Mango Max also revealed that the Serum update key was not controlled by the Serum decentralized autonomous organization (DAO). Instead, it was controlled by a private key connected to FTX. Since no one could confirm who controlled the key and the team could not update the original version of Serum without the private k
We współpracy z: https://cryptodaily.co.uk/2022/11/solana-based-liquidity-hub-forked-after-ftx-hack
