August 20, 2022

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Hundreds of Solana crypto wallets drained in yet one more large hack

One other day, one other crypto hack – and I do imply that actually. Only...

One other day, one other crypto hack – and I do imply that actually.

Only a day after a large hack resulted in roughly US$190 million of crypto property lacking from Ronin crypto bridge, Solana customers look like focused by a widespread hack, with crypto property being drained from their wallets.

The main points of the hack are unclear at this level, although it seems that some customers of software program Solana wallets Phantom and Slope are having funds drained from them. In response to Solana’s official “standing” account on Twitter, “roughly 7,767 wallets have been affected,” and it is taking place for customers of each the cellular wallets and the browser extensions.

“Engineers from multiple ecosystems, with the help of several security firms, are investigating drained wallets on Solana. There is no evidence hardware wallets are impacted,” wrote Solana.

The solution at this point, according to Solana, is to make use of a {hardware} pockets with a brand new seed phrase, and switch the funds there. There is a massive challenge with this resolution, although: Not all customers have a {hardware} pockets, which is a bodily gadget that provides extra safety on your crypto property than a software program pockets resembling Phantom.

Phantom said on Twitter that it “does not believe this is a Phantom-specific issue.” The company says it will share more information as soon as it can.

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