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
lucano lgva

Lugano: crypto heaven with vision

trump and bitcoin-themetaeconomist

Donald Trump is the 47th President of the United States.  What to expect from crypto market?

Nobel Prize Physics 2024 Artificial Intelligence

Nobel Prize for Physics 2024: Artificial Intelligence as a new horizon

David Game College ai school advepa educational

The future of education: the innovative project at David Game College

apple intelligence - themetaeonomist

The new era of “AI-phone”. Apple Intelligence is coming, starting from iPhone 16 

How Artificial Intelligence is revolutionizing job search

How Artificial Intelligence is revolutionizing job search

1 2 3 66
TheMetaEconomist 2022 - Privacy / Cookies
crossmenu