Solana Neobank Avici to Fully Reimburse Users After Hack Drains Card Balances

Avici, a neobank built on the Solana blockchain, has confirmed it will fully compensate all users affected by a security breach on August 28 that resulted in funds being drained from customer card balances. The company says every affected account will be made whole, though details on the exact attack method have not been disclosed.

The same wave of exploits is reported to have hit Ajna, an Ethereum-based lending protocol, just one day later, suggesting a coordinated or opportunistic attacker targeting multiple financial platforms in quick succession. This pattern highlights a growing trend of threat actors moving rapidly between decentralized finance and crypto-linked services once a working exploit is found.

While Avici's commitment to reimburse users is a positive step for affected customers, the incident is a reminder that fast-moving digital finance platforms - even those with banking-like features - can carry significant security risks. Businesses using neobanks, crypto-linked cards, or DeFi services should treat these platforms with the same caution as any emerging financial technology.