The user fund of $ 8 million has been sucked up by an unknown hacker from a “hot” wallet based in Solana including Phantom, Slope, and Trustwallet, making the soles ecosystem the latest target of Cryptocurrency hacking. Sol is an original token from the Solana network.
According to the Peckshield blockchain auditor, the theft is most likely the result of “supply chain defects” that have been exploited to steal the personal key of the user from the wallet in the early morning of August 3. The reported losses are believed to be around $ 8 million.
While the exact cause is still unknown, the dominant hacking that affects cellular users. A trusted third -party service may have been hacked in what is called supply chain attacks if the attacker succeeds in signing (eg., Starting and passing) transactions in the user’s name.
Phantom, Magic Eden Confirm Hack
Wallet Phantom providers say they are working with other teams to reach the basis of this problem, but do not “believe this is a special ghost problem” at this stage.
Magic Eden, a marketplace for token that cannot be counted, confirms hacking and says it “seems to be an exploitation of widespread soles that are playing with a wallet throughout the ecosystem.” Magic Eden asked users to revoke permission for each suspicious link in their ghost wallet.
Non-Funble Tokens (NFT) are cryptographic assets in the blockchain with unique identification codes and metadata that distinguish them from each other. Blockchain is a digital ledger together. Unlike cryptocurrency, NFT cannot be traded or exchanged on equality.
Sol down 8% after hacking
According to Coinmarketcap, who also quoted a 45 percent increase in trade activity over the past 24 hours, hacking news caused a decline in the value of 8 percent of Solana. Sol price since then rebounded and currently traded down by around 4 percent in 38.97, according to data from Coinmarketcap.
Hacking the Solana ecosystem came the day after the nomad bridge was hacked and the attacker ran away with around $ 191 million.
The cross chain bridge allows the transfer between snow landslides (AVAX), Ethereum (ETH), Evmos (EVMOS), Milkomeda C1 and Moonbeam (GLMR).
According to the Defi TVL aggregator and Defillama Analytical Provider, the total number taken reached $ 190.7 million. After hacking, the total value locked with the project is $ 5,900, according to Defillama.