Nearly 8,000 digital wallets have been drained of just over $5.2 million in digital coins including solana’s sol token and USD Coin, according to blockchain analytics firm Elliptic.
Elliptic chief scientist Tom Robinson told CNBC the root cause of the breach is still unclear, but “it appears to be due to a flaw in certain wallet software, rather than in the solana blockchain itself.” OtterSec added that the transactions were being signed by the actual owners, “suggesting some sort of private key compromise.” A private key is a secure code that grants the owner access to their crypto holdings.
“Engineers from multiple ecosystems, with the help of several security firms, are investigating drained wallets on solana,”The solana network is strongly encouraging users to use hardware wallets, since there’s no evidence those have been impacted. A private key is unique and links a user to their blockchain address. A seed phrase is a fingerprint of all of a user’s blockchain assets that is used as a backup if a crypto wallet is lost.. It’s the latest crisis to grip the crypto market in recent weeks.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Weeks After Biden Fist-Bumps Saudi Prince, US OKs $5 Billion in Gulf Arms DealsWhile the Pentagon said the sale of Patriot and THAAD missiles to Saudi Arabia and UAE would boost regional 'stability,' Yemeni journalist Naseh_Shaker said the $5 billion arms transfer would only bring more Saudi 'aggression' to his war-torn nation.
Weiterlesen »
Former oil exec warns recession comes alongside energy crises: 'Gas will exceed $5 again' soonFormer CEO of Cumberland Farms Gulf Oil Group Joe Petrowski forecasted on Monday that 'retail gasoline prices will exceed $5' by the end of the summer.
Weiterlesen »
SOL Token Holds Price Support After Million-Dollar Hack Brings Bad Optics for SolanaSOL drops to the 50-day moving-average support level as investors vent frustration over the latest security breach in the Solana ecosystem. reports godbole17
Weiterlesen »
Contributors piling into Bitcoin, Ethereum, and Solana since 2018: ReportDevelopers have been diving headfirst into blockchain technology, with active contributors across Bitcoin, Ethereum, and Solana surging since 2018, according to a report from Telstra Ventures.
Weiterlesen »