Huge hack on Solana in progress: 4 priority security measures to take

A touch of panic wafts over them Solana network since about 2 a.m. French time. Around this time, what appeared to be a massive and coordinated attack was launched, targeting thousands of wallets and emptying them of their contents. Although the circumstances surrounding this hack remain unclear, we recommend that you take some precautionary measures now to protect your assets.

Hack on Solana in progress

At the time of writing, this unprecedented-scale attack is still ongoing, affecting more than 8,000 wallets (crypto wallets) for a diverted amount of more than $6 million in SOL cryptocurrencies and other tokens on this blockchain. Solana is one of the most important projects in relation to activities and evaluation.

Many teams are on the bridge, well beyond the Solana community, following the hour by hour as events unfold. At the moment, the investigations remain unsuccessful, even if the attack comes from 4 identified addresses.

Details on the addresses of the hacker Solana, tweet

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What to do with Solana’s hack?

In fact, the attack is accomplished by siphoning user wallets. This hack seems to target wallets mostly phantom and Tilt. While potential vulnerabilities of these wallets were initially mentioned, the Phantom team indicated on its official channel that as of the investigation, no error has been detected yet.

A vulnerability on the side of emblematic platforms of the ecosystem such as Solsea or Magic Eden was also taken into account. This second hypothesis has not yet been confirmed.

Details of the Solana hack remain unclear

But while there are still a lot of gray areas at the time of writing, if you’re a Solana network user yourself, there’s no point in requesting it after some safety tips.

Precaution 1: Bring your money back to a cold store

After verifying that your wallet is not affected by the hack, a transfer of your money to cold storage might turn out to be a good idea. In fact, elements dating back to the present day, hacking does not seem to affect cold storage (hardware wallet). So if you have a key ledger, NGrave Where trezor, Take a few minutes to repatriate your assets.

Precaution 2: Stop access permissions on your wallets

think of Terminate all access permissions to your browser wallet. These last often remain open after an NFT mint or an interaction with one smart contract. These are perfect ways to access your funds. The tool for revoking these authorizations can be found in the parameters of your wallet.

Precaution 3: Transfer your funds to a central, trusted platform

If you don’t have a cold wallet, a workaround might be that Transfer your tokens to a central platform (CEX) how binance Where FTX. While purists may find fault with this, you can be more relaxed about waiting for the storm to pass by delegating the safekeeping and security of your wealth to a reputable player for some time.

Precaution 4: Be careful on social networks

Crooks of all kinds know it very well: moments of stress and worry make their prey more vulnerable. And if you escape the main hack, make sure you don’t fall into the nets of those trying to pose as a customer service or consulting firm thanks to the stress of the environment to get your funds. . Excluding networks and official sites, Don’t take their word for it, especially on social media and do not trust anyone with strategic information, such as a private key or password.

Pictured below, with an account attempting to retrieve the mnemonic passphrase from the less suspicious account pretending to be phantom customer service

Le Journal du Coin will keep you informed throughout the day as the situation evolves. In the meantime, be careful and don’t make emotional decisions.

Stay away from crypto dramas and hacks: Trust reliable and strong partners for your security. Register now on the PrimeXBT platform (commercial link).

Kaddouri Ismail

I am Ismail from Morocco, I work as a blogger and online marketer. I am also the founder of the “Mofid” site, in which I constantly publish many important articles in the field of technology, taking advantage of more than 5 years of experience working in the field. I focus on publishing in a group of areas, the most important of which are programming, e-marketing, digital currencies and freelance work.

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