Solana Wallets Targeted in Latest Multimillion-Dollar Hack

Source: CoinDesk

“The Solana ecosystem appears to be the victim of crypto’s latest exploit, with users reporting their funds have been drained without their knowledge from major internet-connected ‘hot’ wallets including Phantom, Slope and TrustWallet. The attack is still ongoing, and over 8,000 wallets have been compromised thus far, according to blockchain auditors OtterSec. Several Solana addresses have been linked to the attack (1, 2, 3, 4), with those wallets amassing at least $5 million worth of SOL, SPL and other Solana-based tokens from unsuspecting users. The exact cause of Tuesday evening’s attack remained unclear throughout the night, though it appears to have predominantly impacted mobile wallet users.” (08/03/22)