Avici Users Lose $1M+ in Live Solana Neobank Attack

This incident underscores the operational risk embedded in neobanking rails built on fast, programmable chains; the two-hour gap between the first drain and acknowledgment suggests detection and circuit-breaker mechanisms lag real-time settlement. For Avici users, it highlights custodial exposure beyond smart-contract risk, while for the broader Solana ecosystem, it tests whether infrastructure can absorb live attacks without eroding trust in non-custodial or quasi-banking products. The open question is whether Avici's response—and any eventual recovery path—sets a precedent for how similar platforms handle live exploits, especially as card-balance withdrawals remain a friction point.