solana wallet -themetaeconomist

Solana’s Wallets hit by hack attack

3 August 2022

Category

Share on:

A new digital attack has occurred in the crypto sphere: Solana, the well known blockchain popular for its speedy transactions, has been hit by a significant hack attack which has affected only “hot” wallets or wallets always connected to the Internet, allowing people to store and send tokens easily. 

Crypto analyst @0xfoobar confirmed that “the attacker is stealing both native tokens (SOL) and SPL tokens (USDC) affecting wallets that have been inactive for less than 6 months.”

The attack has compromised wallets like Trust Wallet, Phantom and Slope Wallets drained should be treated as compromised and abandoned, Solana warned as it encouraged users to switch to hardware or “cold” wallets.

The cause of the attack remains unclear at this time: @0xfoobar added that “it’s likely something has caused widespread private key compromise”, and warned that revoking wallet approvals will probably not help.

Solana has released no official statements. However, its Twitter status confirms that the company’s engineers “are currently working with multiple security researchers and ecosystem teams to identify the root cause of the exploit…”.

Source https://techcrunch.com/2022/08/03/solana-wallet-hack/

No active "ca-sidebar-59" sidebar
Recent Post
solar energy and blockchain-themetaeconomist

Solar energy and blockchain to win the ecological challenges

A dive into the future of technological innovations in Milan

Address Poisoning attacks-themetaeconomist

What do you know about Address Poisoning attacks?

ftx refunds customers-themetaeconomist

FTX's collapse, customers to be repaid?

tme tv interview with Laura Rosell -themetaeconomist

TME TV - INTERVIEW WITH LAURA ROSELL

cz binance founder - themetaconomist

Binance founder sentenced to prison on money-laundering violations

1 2 3 63
TheMetaEconomist 2022 - Privacy / Cookies
crossmenu