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More than 5,000 Solana wallet funds were stolen, vulnerability may affect ETH users

By Martha Grizzard
Aug 3, 2022
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Blockchain audit security team OtterSec tweeted that more than 5,000 Solana wallet funds had been stolen in the past few hours, and OtterSec analysis showed that these transactions were signed by the actual owners, indicating a private key leak. The vulnerability could also affect ETH users.

Furthermore, crypto KOL foobar said wallets that were inactive for more than 6 months were the hardest hit, with both Phantom and Slope wallets experiencing fund theft issues. The reason for the exploit is unknown, it may be an upstream-dependent supply chain attack, and revoking approval may not help, the solution is to move the assets to a wallet that never exposes the private key to a potentially vulnerable browser extension, a hardware wallet.

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of BitKan. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. BitKan shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. Products mentioned in this article may not be available in your region.

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