Ongoing Solana-Based Hack Compromises Thousands of Wallets!

Hacking has become the order of the day in the crypto world, and these hackers have targeted Solana users, draining millions of from several wallets.

So far, the losses are estimated to be around $8 million from over 7,000 wallets. However, according to Ava Labs CEO and founder Emin Gun Sirer this number is increasing to around 20 per minute.

The hacker is currently unknown, and PeckShield states that the hack might be due to a “supply chain issue” that was exploited.

Solana confirmed the breach and revealed that there are some 7,767 wallets affected by the breach, while slope announced that it is currently working with the firm to tackle the issue.

Users have been warned not to transfer funds into Solana-based hot wallets like Phantom and Slope and offline cold wallets.

USD Begins Week on Strong Bullish Trend Ahead of PMI Data

Ripple Predicts US Banks Flocking To XRP After SEC Battle

EUR/USD Reaches New High, Extending Bullish Trend

XAG/USD Continues to Trade With Modest Gains Below $23.00

Important Link

Fund Your Deriv Account
Withdraw Funds to Your Local Currency
VIP Trading Signals
Learn To Trade

Information

About US
FAQ
Privacy Policy
Terms of Use

Contact Us

Disclaimer

Forex, Crypto, Options, and Binary Options have both large potential rewards and large potential risks. Therefore, before investing or trading any of the assets, ensure you are aware of and willing to accept the accompanying risks. Do not trade money you cannot afford to lose.

All Rights Reserved. None of the content of this website can be published elsewhere by any means without the prior consent of the owner(s). Please, check our terms & conditions and privacy policy before continuing to use this website.

This website and its owner(s) are not in any way liable for any incurred loss, whether caused by the information provided on this website or otherwise. The use of this website, including the content and information provided, is the user’s sole liability.