More frightening crypto news, focus on the Wednesday morning Solana Attack
Over $4 million worth of Solana and USDC have been taken away across a thousand wallets in the last few hours. (Solana is, however, providing solutions to compromised addresses in their form.) “Over 5,000 Solana wallets have been drained in the past few hours,” audit firm OtterSec reports. According to Solana, over 7,767 wallets have been affected, noting that engineers are investigating the root cause.
Investigations are ongoing, but there’s been an inability to trace the source of these wallet attacks. “Reports say it is an iOS hack, but it is not. There are confirmed reports that the wallets were drained from non-iOS wallets and extensions, suggesting that this is not an attack on a specific wallet provider. It is an operation on multiple operating systems like mobile and desktops, iOS and Android,” says Dmytro Budorin, CEO of Hacken, in an emailed comment.
Solscan, a beta-analysis and crypto analysis platform, gives a detailed estimation of affected, exploited Solana accounts in their graph. They suggest that a total of 15,220 wallets over a few hours have been affected. And that a total of $4.46 million in tokens were robbed.
“Active communication with affected wallets is all we can do to keep users safe,” a spokesperson for the Ethereum wallet from MetaMask told Decrypt. Following the ongoing attack, Solana has had a 8% value drop just two hours from its first wallet attack report, according to CoinMarketCap.
A considerable volume of trade records a 45% increase in the last 24 hrs. “An unknown $SOL is draining Phantom wallets,” said Miles Deutscher. “If you have funds on Phantom, make sure to revoke all permissions. $6 million already stolen. Move funds to a hardware wallet.”
Precautions
NFT marketplace Magic Eden took to Twitter, issuing a warning.
Other Suggestions follow.
According to Solona Status, here are their recent findings.
There is no evidence of Solona protocol compromise.
