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8,000 Solana Wallets Drained Millions Worth of Crypto in Cyberattack


by Waqas

An unknown hacker targeted the Solana ecosystem on Wednesday and drained approx. $5 million worth of SOL and other tokens.

The Solana blockchain has become the target of a cyberattack late Tuesday night, during which thousands of its wallets were drained of $4 to $5 million worth of Solana and USDC.

The attack originated from the Solana browser wallet Phantom. Research revealed that the hacker compromised user keys, or seedphrases, which were then re-used on different chains. Solana’s representative Austin Federa confirmed that hardware wallets were safe.

For your information, Solana is Ethereum blockchain’s rival cryptocurrency ecosystem and has suffered network outages and security-related issues previously. However, although unconfirmed, there are also rumors that it could be an iOS-based supply chain attack.

Seems like an iOS supply chain attack. Multiple plausible wallets that only received sol and had no interactions beyond receiving have been affected. https ...


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