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

A wind of panic blows on Solana Network from about 2:00 French time. It was around this time that what appears to be a massive and coordinated attack was launched, targeting thousands of wallets and emptying them of their contents. Although the circumstances of this attack are unclear, we urge you to take some precautionary measures now to protect your assets.

Hack in progress on Solana

At the time of writing, this unprecedented attack in its scope is still ongoing and affects more than 8,000 wallets (crypto wallets) for a diverted amount of over $ 6 million in SOL cryptocurrencies and other tokens of this blockchain. Solana is one of the most important projects in terms of activity and evaluation.

Many teams are on the bridge, far beyond the Solana community alone, following the unfolding of events hour by hour. For the moment the investigations remain inconclusive, even if the attack comes from 4 identified addresses.

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What to do with Solana’s hack?

The attack, in fact, takes the form of a siphon of the users’ wallets. This hack seems to primarily target wallets ghost And slope. If initially there was talk of potential vulnerabilities of these wallets, the Phantom team has however indicated on its official channel that in the state of its investigations, no faults had yet been detected.

It was also considered a vulnerability on the side of emblematic ecosystem platforms such as Solsea or Magic Eden. This second hypothesis has not yet been confirmed.

But, even if at the time of writing there are many gray areas, it is not useless if you yourself are a user of the Solana network, apply the following some safety tips.

Precaution 1: return your funds in cold storage

After verifying that your wallet has not been damaged by hacking, a transfer of your funds to cold storage it might turn out to be a good idea. In fact, elements that date back to the present day, hacking does not seem to concern cold rooms (hardware wallets). So if you have a key Ledger, NGrave Where is it Trezor, take a few minutes to repatriate your assets.

Precaution 2: terminate the access permissions to your wallets

Think about terminate all access permissions to the browser wallet. This last often remain open after an NFT tick or interaction with a smart contract. These are perfect routes to access your funds. You will find the tool that allows the withdrawal of these permissions in the parameters of your wallet.

Precaution 3: Transfer your funds to a centralized trusted platform

If you don’t have a cold wallet, a workaround might be transfer your tokens to a centralized platform (CEX) how Binance Where is it FTX. While purists will find fault with it, delegating the custody and security of your possessions to a reputable player for a while will allow you to wait more calmly for the storm to pass.

Precaution 4: be careful on social networks

Scammers of all kinds know this 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 who will try to impersonate a customer service, or consulting firm, to access your funds, thanks to environmental stress. . Excluding networks and official sites, don’t take our word for it, especially on social media and never entrust anyone with strategic information, such as a private key or password.

Illustration below, with an account attempting to retrieve the mnemonic passphrase from the least suspicious, pretending to be Phantom Customer Service

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

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