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Hackers hacked about 8,000 Solana-based wallets

Unknown persons gained access to the funds of Solana-based wallet owners, stealing millions of dollars.

Blockchain auditor OtterSec initially reported emptying over 5,000 wallets in a matter of hours. The transactions were signed by the owners, which, according to the researcher, suggests that the private key has been compromised.

PeckShield specialists tentatively estimated the loss at $8 million.

Elliptic estimates that during the attack, the hackers stole over $5.2 million in SOL tokens, over 300 Solana-based coins, and NFTs.

According to some reports, wallets that were inactive for more than six months suffered the most.

The attack affected wallets Trust Wallet, Phantom and slope. Solana users highly recommended transfer funds to hardware devices. Binance CEO Changpeng Zhao also advised send assets to cold wallets or centralized exchanges.

At the time of writing, the reason for the hack is unknown. According to preliminary data, attackers exploited the vulnerability.

According to CoinGecko, the SOL token sank 4.6% amid the news of the hack.

Recall, according to Atlas VPN, in the first half of 2022, hackers stole almost $2 billion from crypto projects.

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My profession is a journalist, but my hobby for 8 years has been studying Forex investing and trading. During this time, I managed to gain extensive experience in investing and trading cryptocurrencies and double my capital in the Forex market. To be the author of this magazine, the site owners invited me to participate in one of the 2020 trading webinars, and I will try to reveal the most relevant crypto market news for you.

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