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Solana Wallet Phantom Says $4,000,000 Hack Not Related to Vulnerabilities in Its System

Mikhailev by Mikhailev
August 21, 2022
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Solana (SOL) pockets Phantom says that the $4 million exploit that affected over 8,000 customers final week doesn’t seem to have something to do with its infrastructure.

Based on Phantom, an investigation launched into the hack unveiled no proof that its system was compromised throughout the exploit.

“After virtually every week of investigation, our crew has not discovered any proof that Phantom’s techniques have been compromised throughout the August 2nd safety incident… We’ve performed a full inner audit and located no vulnerabilities that would clarify this person exploit.”

Final week, Solana wallets from a number of suppliers have been drained of funds with out the data of their customers.

Dangerous actors made off with $8 million in what was reported by blockchain safety agency PeckShield to be a provide chain hack, or a hack the place an out of doors celebration with related info is compromised.

On the time, Solana co-founder Anatoly Yakovenko speculated that the exploit stemmed from a vulnerability inside Apple’s cellular working system, although Android customers additionally reported being hacked.

Phantom says that two outstanding third-party cybersecurity companies that appeared into the occasion additionally discovered no proof of vulnerabilities inside its system.

“High companies Halborn Safety and OtterSec are additionally independently auditing Phantom. To this point, they’ve additionally not discovered any points that would have contributed to this incident.”

Nonetheless, the crypto pockets says that it did discover one widespread hyperlink between the customers that have been hacked.

“Whereas some Phantom customers have been affected, in every case we’ve got reviewed, we discovered that that they had imported their seed phrases/personal keys to or from a non-Phantom pockets.”

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Disclaimer: Opinions expressed at The Every day Hodl are usually not funding recommendation. Buyers ought to do their due diligence earlier than making any high-risk investments in Bitcoin, cryptocurrency or digital belongings. Please be suggested that your transfers and trades are at your individual threat, and any loses chances are you’ll incur are your duty. The Every day Hodl doesn’t suggest the shopping for or promoting of any cryptocurrencies or digital belongings, neither is The Every day Hodl an funding advisor. Please word that The Every day Hodl participates in online marketing.

Featured Picture: Shutterstock/k_yu





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