Liquidity hub Serum forked by developers after FTX hack

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Liquidity hub Serum forked by developers after FTX hack
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Projects such as Jupiter, Mango Markets and SolBlaze announced integration with the new fork.

, Mango Max said that the Serum update key was not controlled by the SRM DAO, but by a private key connected to FTX, and no one could confirm who controlled the keys. The private key was necessary to update the original version of Serum, leading the developers to fork the code, as the private key is under FTX control."When I reached out to a couple of people previously involved with Serum, I got answers like: “I wish I had more info to help you, but I really don’t.

Liquidity providers such as Jupiter, the most popular aggregator on Solana, confirmed turning off Serum as a liquidity source"due to security concerns about upgrade authorities, and we also encouraged all our integrators to do the same." Other projects such as Mango Markets and SolBlaze also announced integration with the new fork.as a liquidity source a few hours ago due to security concerns about upgrade authorities, and we also encouraged all our integrators to do the same.

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