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The Twitter account Solana Status confirmed the attack, noting that as of Wednesday morning, approximately 7,767 wallets have been affected by the exploit. Elliptic’s estimate is slightly higher at 7,936 wallets

Hackers target 8000 Solana wallets worth $5.2M

Nearly 8000 cryptocurrency wallets worth $5.2 million were compromised in the latest multi-million dollar hack targeting the Solana blockchain

By Yashasvini Razdan
Published - Aug 03, 2022, 10:30 PM ET
Last Updated - Jun 10, 2024, 05:10 AM EDT

Nearly 8000 cryptocurrency wallets worth $5.2 million were compromised in the latest multi-million dollar hack targeting the Solana blockchain.

The Twitter account Solana Status confirmed the attack, noting that as of Wednesday morning, approximately 7,767 wallets have been affected by the exploit. Elliptic’s estimate is slightly higher at 7,936 wallets.

Starting Tuesday evening, multiple users began reporting that assets held in “hot” wallets — that is, internet-connected addresses, including Phantom, Slope and Trust Wallet — had been emptied of funds.

Phantom said on Twitter that it’s investigating the “reported vulnerability in the solana ecosystem” and doesn’t believe it’s a Phantom-specific issue. Blockchain audit firm OtterSec tweeted that the hack has affected multiple wallets “across a wide variety of platforms.”

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