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Phatom wallet hack

Ongoing Solana-based wallet hack seeing millions drained

An ongoing, widespread hack has seen as much as $8 million in funds drained so far across a number of Solana-based hot wallets. At the time of writing, Solana (SOL) is currently trending on Twitter as countless users are either reporting on the hack as it unfolds, or are reporting to have lost funds themselves, warning anyone with Solana-based hot wallets such as Phantom and Slope wallets to move their funds into cold wallets. Blockchain investigator PeckShield on August 2 said the widespread hack is likely due to a “supply chain issue” which has been exploited to steal user private keys behind affected wallets. It said the estimated loss so far is around $8 million.  #PeckShieldAlert The widespread hack on Solana wallets is likely due to the supply chain issue exploited t...