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HomeCoinsSolana Developers Work to Remove FTX Control Over Serum DEX

Solana Developers Work to Remove FTX Control Over Serum DEX


Solana developers want to fork liquidity hub Serum after the compromise of FTX led to hackers withdrawing over $400 million from the bankrupt exchange.

Given that FTX developed Serum, many developers believe that the FTX hack could have affected the decentralized network.

Developers Rush to Fork

Solana founder, Anatoly Yakovenko, said developers are forking Serum code today and will resume the protocol free of FTX involvement.


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