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Solana is the most recent sufferer of a crypto hack. An unknown attacker has drained hundreds of internet-connected wallets, stealing thousands and thousands in tokens. The hack is now being blamed on a provide chain assault on iOS and Android.
The attacker managed to steal not solely Solana’s SOL token but additionally the USDC stablecoin, The Verge reported.
It’s nonetheless unclear how a lot cash was stolen. Analyst Miles Deutscher suggested that $6 million had been drained from wallets. Nevertheless, safety agency PeckShield estimated the loss at $8 million.
Solana’s Twitter account reported that the hack affected round 8,000 wallets. “Engineers from throughout a number of ecosystems, at the side of audit and safety corporations, proceed to research the basis explanation for an incident,” the corporate famous.
Solana later stated that affected addresses have been created, imported, or utilized in Slope cellular pockets apps. “This exploit was remoted to 1 pockets on Solana, and {hardware} wallets utilized by Slope stay safe,” the most recent replace reads.
There isn’t a proof the Solana protocol or its cryptography was compromised.
3/3
— Solana Standing (@SolanaStatus) August 3, 2022
Solana co-founder Anatoly Yakovenko suggested that it was a provide chain assault. The hack affected largely Slope wallets on iOS and Android, however there have been additionally a couple of customers of one other third-party cellular pockets, Phantom. Nevertheless, Yakovenko famous that the assault occurred resulting from Slope’s particular bug.
Thus far looks as if phantom customers additionally used slope. So appears extra possible that it is a slope particular bug.
— SMS aey.sol, 🇺🇸 (@aeyakovenko) August 3, 2022
Many crypto video games and apps utilizing the Solana ecosystem additionally notified their customers concerning the assault. The blockchain is presently utilized by STEPN, Genopets, DeFi Land, and others.
Assaults like these are frequent within the blockchain trade. Earlier this 12 months, hackers stole over $600 million value of crypto from Axie Infinity. It was later revealed that the hack happened due to a fake job posting on LinkedIn, which led to a Sky Mavis worker being compromised.
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