Thousands of Solana Wallets Hacked, Estimates of Damage Unclear

Hackers targeting the Solana ecosystem drained thousands of crypto wallets of funds.

The hack on Wednesday was executed after a flaw was exploited to suck out cryptocurrencies from 8,000 crypto wallets where owners stored their funds, the Solana Foundation announced. Wallet providers, including Slope and Phantom, were also affected.
The value of the stolen assets is unclear, and the nature of the exploit remains unclear.
According to blockchain security firm PeckShield, an estimated amount of about $8 million was stolen from four Solana wallets.
While blockchain forensics firm Elliptic estimates that over $5.2 million in crypto assets have been stolen so far from …

Be the first to comment

Leave a Reply

Your email address will not be published.