×
Saturday, May 24, 2025

Hackers Steal $5m+ From Blockchain Platform Solana - Infosecurity Magazine

Threat actors have stolen over $5m from blockchain platform Solana, although the exact modus operandi is still being investigated.
The San Francisco-headquartered decentralized blockchain took to Twitter yesterday morning to confirm the incident, claiming that at the time 7767 wallets had been impacted, including Slope and Phantom users.
It asked affected users to fill in an online survey to help its engineers get to the bottom of what happened.
“Engineers are currently working with multiple security researchers and ecosystem teams to identify the root cause of the exploit, which is unknown at this time,” it said.
“There’s no evidence hardware wallets have been impacted – and users are strongly encouraged to use hardware wallets. Do not reuse your seed phrase on a hardware wallet – create a new seed phrase. Wallets drained should be treated as compromised, and abandoned.”
The firm claimed that engineers from several ecosystems are currently investigating the incident, with the help...



Read Full Story: https://www.infosecurity-magazine.com/news/hackers-steal-5m-blockchain/

Your content is great. However, if any of the content contained herein violates any rights of yours, including those of copyright, please contact us immediately by e-mail at media[@]kissrpr.com.