A lot of damage was done in just one night.
Thousands of digital wallets on the Solana blockchain were drained of funds by a"malicious actor" last night. Over $5.2 million in crypto assets were lost in the attack, but Solana is blaming external software, stating that it's not an issue with its own blockchain., not the Solana blockchain itself, which will at least be a relief for some.
An exploit allowed a malicious actor to drain funds from a number of wallets on Solana. As of 5am UTC approximately 7,767 wallets have been affected. The exploit has affected several wallets, including Slope and Phantom. This appears to have affected both mobile and extension.The root cause of the exploit is still being looked into, but OtterSec, a blockchain auditor, said onthat the transactions were"signed by the actual owners, suggesting some sort of private key compromise.
Elliptic, a blockchain analysis firm, says the assets stolen were"SOL, a small number of non-fungible tokens and over 300 Solana-based tokens." Solana also strongly encourages people to use hardware wallets , since there is no evidence that the exploit has affected them, and to move their funds to a centralized platform. If you had your wallet drained, consider it compromised and do not continue using it. It's also good practice to keep your funds in a cold wallet and only use wallet software in small amounts for making transactions.
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