Almost 8,000 Solana Wallets Drained in Suspected “Supply Chain” Exploit


Almost 8,000 Solana Wallets Drained In Suspected “Supply Chain” Exploit

Key Takeaways

Hundreds of Solana pockets customers have been hacked in a suspected “provide chain” assault.
The hack has impacted Phantom and Slope customers. Some Ethereum TrustWallet customers have reportedly been affected, although it is unclear whether or not they have been focused as a part of the identical breach.
A number of groups within the Solana ecosystem are investigating the incident.

Almost 8,000 Solana Wallets Drained In Suspected “Supply Chain” Exploit

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Almost 8,000 Solana Wallets Drained In Suspected “Supply Chain” Exploit

No less than 7,767 Solana wallets have been affected. 

Almost 8,000 Solana Wallets Drained In Suspected “Supply Chain” Exploit

Hackers Goal Solana Customers 

Hackers have drained 1000’s of Solana wallets in an ongoing assault. 

Almost 8,000 Solana Wallets Drained In Suspected “Supply Chain” Exploit

Engineers from a number of ecosystems, with the assistance of a number of safety corporations, are investigating drained wallets on Solana. There is no such thing as a proof {hardware} wallets are impacted.

Almost 8,000 Solana Wallets Drained In Suspected “Supply Chain” Exploit

This thread can be up to date as new data turns into accessible.

Almost 8,000 Solana Wallets Drained In Suspected “Supply Chain” Exploit

— Solana Standing (@SolanaStatus) August 3, 2022

Experiences that attackers have been siphoning funds from the Layer 1 blockchain’s pockets customers surfaced on Twitter early Wednesday. Although the complete scale of the harm is unknown, the Solana Basis has confirmed that at the least 7,767 wallets have been impacted at press time. 

The Solana Basis took to Twitter to verify it was investigating the incident at 02:39 UTC. “Engineers from a number of ecosystems, with the assistance of a number of safety corporations, are investigating drained wallets on Solana. There is no such thing as a proof {hardware} wallets are impacted.” 

The hackers focused each Phantom and Slope pockets customers. Each groups issued statements to verify that they have been investigating the incident, with Phantom noting that “the workforce doesn’t consider this can be a Phantom-specific problem.” Magic Eden additionally mentioned that it was trying into “a widespread SOL exploit” and urged Solana customers to revoke their pockets permissions for any suspicious hyperlinks. 

The Solana Basis famous that {hardware} wallets look like unaffected. Primarily based on the knowledge presently accessible, Solana Labs communications lead Austin Federa mentioned that “a possible provide chain assault” might be responsible. He speculated that a number of wallets might share some software program dependency because the attackers have been capable of the transactions that drained the wallets with out tricking customers into freely giving their funds, as is commonly the case with different crypto pockets exploits. “It’s doubtless not protocol degree,” he added. Some Ethereum TrustWallet customers have reportedly been affected, although it’s nonetheless unclear whether or not they have been focused as a part of the identical breach. 

Solana Labs co-founder and Anatoly Yakovenko additionally commented on the incident, calling for affected customers to come back ahead with data. “searching for people who have been effected by the assault, however solely acquired sol or tokens into the pockets and by no means transacted greater than as soon as, by no means reused their mnemonic key anyplace else,” he wrote. The Solana Basis has additionally requested affected customers to fill out a survey to assist engineers investigating the incident discover the basis trigger. 

The entire sum stolen remains to be unknown, although it’s believed to be within the hundreds of thousands of {dollars}.

SOL has suffered within the fallout from the assault. Per CoinGecko knowledge, it’s buying and selling at $38.55, down 4.4% at press time. 

This story is growing and can be up to date as additional particulars emerge. 

Disclosure: On the time of writing, the creator of this piece owned ETH and several other different cryptocurrencies. 

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