律动BlockBeats
律动BlockBeats|Oct 07, 2026 05:27
[Solana Tokenized Silver Project Dominion Announces Shutdown Following Liquidity Collapse After September Attack] BlockBeats News, October 7: The Solana tokenized silver project Dominion has announced its closure. The team stated that a security incident in September led to a large amount of SILV being compromised and sold off, resulting in a liquidity collapse, loss of operating funds, and damage to market structure. The capital required for rebuilding has exceeded the project's remaining resources. Dominion has allocated most of its remaining liquid funds to a refund plan, allowing eligible pre-attack SILV holders to exit at $63 per token. SILV was originally designed as a Solana token backed 1:1 by physical silver, with each token corresponding to one troy ounce of silver. On September 11, attackers gained control of its 3/5 multisig keys and sold approximately 46,909 SILV on low-liquidity DEXs. The nominal value before the attack was around $3 million, but the attackers ultimately cashed out approximately $238,000. [Original Link]
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