More than 5,000 Wallets Drained in Apparent Exploit on Solana Network

Aug 03,2022
KingData News: Solana auditor OtterSec tweeted this evening that more than 5000 Solana wallets have been drained in the past few hours, corroborating numerous reports from people on Twitter claiming their balances have disappeared. OtterSec's analysis showed the transactions were signed by the owners, which the auditor said suggested a private key compromise. The exploit may also affect ETH users. Wallets that have been inactive for more than six months appear to be those hardest hit, according to reports on Twitter.
On August 3, the Solana eco-wallet Phantom was suspected to have been hacked, with multiple users reporting that their funds were unknowingly depleted. This indicator provides an update on the theft of Solana wallets.