• Tech News
  • Fintech
  • Startup
  • Games
  • Ar & Vr
  • Reviews
  • How To
  • More
    • Mobile Tech
    • Pc & Laptop
    • Security
What's Hot

The Naked Gun review: Charged with man’s laughter

July 30, 2025

Samsung Galaxy Tab S10 FE+ review: A Galaxy Tab S10+ for less?

July 30, 2025

Fairphone (Gen 6) review: Sustainability done the right way

July 29, 2025
Facebook Twitter Instagram
  • Contact
  • Privacy Policy
  • Terms & Conditions
Facebook Twitter Instagram Pinterest VKontakte
Behind The ScreenBehind The Screen
  • Tech News
  • Fintech
  • Startup
  • Games
  • Ar & Vr
  • Reviews
  • How To
  • More
    • Mobile Tech
    • Pc & Laptop
    • Security
Behind The ScreenBehind The Screen
Home»Security»Multimillion-dollar Solana crypto theft linked to Slope mobile wallet
Security

Multimillion-dollar Solana crypto theft linked to Slope mobile wallet

August 4, 2022Updated:August 4, 2022No Comments2 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Multimillion-dollar Solana crypto theft linked to Slope mobile wallet
Share
Facebook Twitter LinkedIn Pinterest Email

Earlier this week, hundreds of crypto wallets linked to the Solana ecosystem have been drained by attackers who used homeowners’ non-public keys to steal each Solana (SOL) and USD Coin (USDC). Solana now says that, after an investigation “by builders, ecosystem groups, and safety auditors,” it’s linked the assault to accounts tied to the Slope cellular pockets app.

A chart set up on Dune to trace the assaults tallies the quantity of crypto stolen at simply over $4 million, taken from over 9,000 distinctive wallets.

Slope Finance, which calls itself “the best method to uncover web3 purposes from one safe place,” has issued a statement advising all Slope customers to create “a brand new and distinctive seed phrase pockets, and switch all belongings to this new pockets.” The weblog submit says “many” wallets belonging to Slope employees have been additionally drained however notes that {hardware} wallets (also called chilly wallets, which aren’t linked to the web) have been unaffected.

This exploit was remoted to 1 pockets on Solana, and {hardware} wallets utilized by Slope stay safe.

Whereas the small print of precisely how this occurred are nonetheless beneath investigation, however non-public key info was inadvertently transmitted to an utility monitoring service. 2/3

— Solana Standing (@SolanaStatus) August 3, 2022

Slope didn’t present particulars of how the assault occurred, however outsiders have uncovered evidence that the company’s mobile apps were transmitting users’ private keys unencrypted as a part of their logging and telemetry.

In a tweet, the Solana group stated, “The small print of precisely how this occurred are nonetheless beneath investigation, however non-public key info was inadvertently transmitted to an utility monitoring service.” The corporate added: “There isn’t a proof the Solana protocol or its cryptography was compromised.”

See also  Traveler Uses AirTag to Track Stolen MacBook to Brussels Theft Ring

Some Solana customers protecting funds on wallets operated by third-party Phantom have been additionally affected, however Phantom itself has positioned blame for the breach firmly at Slope’s doorstep.

“Phantom has purpose to consider that the reported exploits are on account of issues associated to importing accounts to and from @slope_finance,” the corporate tweeted. “Within the meantime, if any Phantom customers have additionally put in different wallets, we suggest you attempt to transfer your belongings to a brand new non-Slope pockets with a contemporary seed phrase.”



Source link

Crypto linked mobile Multimilliondollar Slope Solana theft Wallet
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Can the Nintendo Switch 2 Disrupt Mobile Gaming’s $92 Billion Empire?

July 5, 2025

No Real ID? iOS 26 Will Bring Passports to Apple Wallet

June 16, 2025

New York City Subway’s OMNY Card to Soon Offer Apple Wallet Integration on iPhone

April 29, 2025

Ubergizmo’s Best of Mobile World Congress 2025

March 7, 2025
Add A Comment

Comments are closed.

Editors Picks

Valorant nerfs Chamber and updates its engine in patch 5.03

August 10, 2022

UK fintech investment takes a dive

September 13, 2022

Bank of New Zealand partners NCR for ATM-as-a-Service

July 30, 2022

Ubisoft Cancels ‘Splinter Cell VR’, ‘Ghost Recon Frontline’ & 2 Unannounced Titles – Road to VR

July 22, 2022

Subscribe to Updates

Get the latest news and Updates from Behind The Scene about Tech, Startup and more.

Top Post

The Naked Gun review: Charged with man’s laughter

Samsung Galaxy Tab S10 FE+ review: A Galaxy Tab S10+ for less?

Fairphone (Gen 6) review: Sustainability done the right way

Behind The Screen
Facebook Twitter Instagram Pinterest Vimeo YouTube
  • Contact
  • Privacy Policy
  • Terms & Conditions
© 2025 behindthescreen.fr - All rights reserved.

Type above and press Enter to search. Press Esc to cancel.