Its native token, SOL, fell 4% in the hours following the attack. Solana, the fifth-largest blockchain by total value locked (TVL), has gained popularity in the last year due to its fast transactions and low fees. The popular Move to Earn app STEPN also tweeted about the attack. Various P2E games such as Genopets, Star Atlas, Defi Land, and Nyan Heroes among others use the Solana Ecosystem. Join the Chainmonsters Discord Server Check out the Chainmonsters community on Discord - hang out with 18,686 other members and enjoy free voice and text chat. Phantom has stated that it is looking into the reported exploits. (The winners will be announced on the announcement channel of the Guild W discord the day after the event) Quarterly Active Supporter Badge: Share your feedback on Twitter, tag marrowdao + FlowFansChina + ChainMonsters, and add the tag guildwama, You might be awarded n quarterly active supporter badge in the future. affecting wallets that have been inactive for less than 6 months.” Another user reported that his USDC balance had been depleted as well.Ĭrypto expert and author stated that "the attacker is stealing both native tokens (SOL) and SPL tokens (USDC). The attack does not appear to be directed solely at Solana. Magic Eden provided instructions in the tweet for removing permissions for suspicious links. On the other hand, cold wallets, which are USB drives that must be plugged into a computer to sign transactions, are being praised as a more secure, if less convenient, alternative. The attack will undoubtedly rekindle a long-running debate about the security of hot wallets, which are always connected to the internet, in order to provide users with a convenient way to send, store, and receive cryptocurrency. The attacker somehow gained the ability to sign (i.e., initiate and approve) transactions on behalf of users, implying that a trusted third-party service was compromised in a supply chain attack. While the exact cause of the Tuesday evening attack remained unclear throughout Tuesday, it appears to have primarily impacted mobile wallet users. Solscan reports that a total of 15,220 wallets have been impacted and that $4.46 million worth of tokens, primarily SOL and USDC, have been stolen. On Wednesday morning, Solana's Twitter account for status updates stated that 7,767 wallets had been impacted and that "engineers are investigating the root cause." However, a data dashboard monitoring stolen money and wallet activity suggests a much higher number. The Solana ecosystem appears to be the latest victim of cryptocurrency's recent exploit, with users reporting that funds from major internet-connected "hot" wallets such as Phantom, Slope, and TrustWallet have been drained without their knowledge. Chainmonsters is a massive multiplayer online RPG where you catch, battle, trade, explore.
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