Solana tokenized silver project Dominion announces closure, launches refund program

Solana tokenized silver project Dominion announced closure. The September security incident resulted in a large number of SILVs being breached and sold, causing liquidity collapse, loss of working capital, and damage to market structure. The capital required for reconstruction exceeded the remaining resources of the project. Dominion has invested most of the remaining working capital into a refund plan, allowing eligible pre attack SILV holders to withdraw at a rate of $63 per coin. On September 11th, the attacker controlled 3/5 multi signature keys and sold approximately 46909 SILVs to the less liquid DEX, with a nominal value of approximately $3 million before the attack, ultimately cashing out approximately $238000.