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  • Writer's pictureanalysiswatch

Title: Almost 8,000 Solana Wallets Drained in Suspected “Supply Chain” Exploit

Aug 3, 2022 04:32 AM ET

By: AnalysisWatch

At least 7767 Solana wallets are affected.

Hackers have drained thousands of Solana wallets in an ongoing attack.

Reports that attackers were withdrawing funds from users' Layer 1 block chain wallets surfaced on Twitter early Wednesday. While the full extent of the damage is unknown, the Solana Foundation confirmed that at least 7,767 wallets were affected at press time.

The Solana Foundation took to Twitter to confirm it was investigating the incident at 2:39 a.m. Engineers from multiple ecosystems, with the help of several security firms, are investigating the drained Solana wallets. There is no evidence that hardware wallets were affected.

Hackers have targeted Phantom and Slope wallet users. Both teams have issued statements to confirm they are investigating the incident, with Phantom noting that the team does not believe this is a Phantom-specific issue.

The total amount stolen is not yet known, although it is believed to be in the millions of dollars.

SOL has suffered in the aftermath of the attack. According to CoinGecko, it is trading at $38.55, down 4.4% at press time.

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