I do mean it literally: another day, another crypto hack.
Solana users appear to be the subject of a widespread hack, with crypto funds being taken from their wallets, only one day after a significant hack caused over $190 million in crypto assets to disappear from the Ronin crypto bridge.
Although the specifics of the attack are yet unknown, it appears that some software Solana wallet users, such as Phantom and Slope, are having money taken from them. Approximately 7,767 wallets have been impacted, according to Solana’s official Twitter “status” account, and this is true for both browser extensions and mobile wallet users.
“Engineers from various ecosystems are looking into empty wallets on Solana with the aid of various security companies. No proof has been found that hardware wallets are affected “penned Solana.
Solana believes that the best course of action at this time is to transfer the cash to a hardware wallet using a new seed phrase. This solution has a significant drawback, though: Not every user has a hardware wallet, a tangible item that provides greater security for your assets than a software wallet like Phantom.
“Does not believe this is a Phantom-specific issue,” Phantom wrote on Twitter. The business promises to release more details as soon as it is able.
Slope stated that it is “currently working to resolve the situation as quickly and appropriately as we can.” Late on Wednesday, the team released another statement.
3:21 p.m. on August 3, 2022 (UPDATE) EDT Security specialist @HelpedHope, who has been assisting the Solana team in identifying the problem, chipped in with a few more specifics. He underlined that the Solana network is “OK” despite the fact that there isn’t a “clear answer yet.” It might take some time to identify the precise source because the attack affects not just one wallet provider but a number of wallets and several desktop and mobile operating systems. Dune analytics reports that 7,945 wallets have been compromised in the interim.