BREAKING: Solana ecosystem hack sees $5M in private…

BREAKING: Solana ecosystem hack sees $5M in private…


That Solana SOL/USD Blockchain appears to be facing an ongoing exploit that has compromised users’ private wallets across the ecosystem.

What happened: On Tuesday, market participants reported a “potentially massive” hack on Solana.

Users’ crypto assets were stolen from and then transferred to a variety of accounts wallet address.

“The solution is to transfer assets to a wallet that has never exposed a private key to potentially vulnerable browser extensions,” wrote DeFi verifier foobar on Twitter.

For less experienced users, transferring assets from a SOL wallet to a reliable central exchange would also be a viable strategy, he noted.

At the time of writing, the actual cause of the exploit was unknown and the Solana team had not posted an update on social media.

On-chain data showed that over $5 million worth of user funds have been drained from private wallets so far, with the list of victims exceeding 6,000.

Price promotion: At press time, SOL was trading at $38.04, down 6.4% in 24 hours.


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