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Author Topic: Solana is being attacked right now. The attack is on going. Beware!  (Read 266 times)
Fundamentals Of (OP)
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August 03, 2022, 03:13:11 AM
 #1

Just hours ago, Solana is being attacked. As of this posting, the attack hasn't ended yet. So far, the stolen amount has already exceeded $6 million.

It is advised for users to start "unlinking browser-based Solana wallets from all internet sites, and moving funds to a new clean wallet." And this is urgent.

If you have cold wallets, it is better to transfer your coins and tokens there for the time being. It is found out that hot wallets such as Phantom, Slope, and Trust Wallet are already being drained of funds because of this current attack.

1. https://www.business2community.com/crypto-news/solana-hack-5-million-exploit-of-phantom-wallets-slope-wallets-02531188
2. https://www.coindesk.com/markets/2022/08/03/phantom-wallet-exploit-drains-millions-in-sol-tokens/
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August 03, 2022, 03:44:13 AM
 #2

It's sad to see that so many attack happened with crypto. Decentralized bridged and wallets are not safe anymore. I saw a few days ago the hack happened with some bridged and this time it's happening with phantom wallet. Just wanna know how amateur those developers are. I think that it would better if any hacked cases that happened with the platforms and then dev must be sued to the court. This to make sure if they are working in what they can afford to make sure the security was safe.

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August 03, 2022, 04:14:07 AM
 #3

It's sad to see that so many attack happened with crypto. Decentralized bridged and wallets are not safe anymore. I saw a few days ago the hack happened with some bridged and this time it's happening with phantom wallet. Just wanna know how amateur those developers are. I think that it would better if any hacked cases that happened with the platforms and then dev must be sued to the court. This to make sure if they are working in what they can afford to make sure the security was safe.

Not tested thoroughly from vulnerability I guess in a hurry to release a version. So this bridge allows the attackers to withdraw from mobile wallets?

They are saying it affected browsers and mobile wallet which there are multiple users doing this attack.  So convenient that many investors just have the confidence in the market and then just got disappointed by this hack. Lucky the few I bought are still in the exchange.

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August 03, 2022, 04:52:10 AM
 #4

It has been many times that there is a problem with the solana network so security or breaching is likely to be expected. Aside from it many are hating solana for continously breaking down. Team should do is fix this fully and hire a lot of security developer or else other investors and retailers would jump ship. No doubt it will happened if the problem hasnt sold today or in the coming days.

Even normal users has been affected, it seems the hackers are pretty well ready for this incident.

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August 03, 2022, 05:17:50 AM
 #5

It's sad to see that so many attack happened with crypto. Decentralized bridged and wallets are not safe anymore. I saw a few days ago the hack happened with some bridged and this time it's happening with phantom wallet. Just wanna know how amateur those developers are. I think that it would better if any hacked cases that happened with the platforms and then dev must be sued to the court. This to make sure if they are working in what they can afford to make sure the security was safe.

The whole point of being decentralized was being safer than anything centralized… If a decentralized network can’t be safe then it means it lost its most important feature. Without safety, a decentralized network is damn worthless.

Decentralized means it should work like clockwork without any human interference. Human interference may include any hack attempts, DOS attacks as well.

If the system can’t protect itself from these kind of activities, then it is not working as intended.

R.i.p solana

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August 03, 2022, 11:12:31 AM
 #6

<..................>






If you were affected by the attack on certain Solana wallets, please fill out the form

https://solanafoundation.typeform.com/to/Rxm8STIT

Information:

The asset stolen in Solana's smart wallet, try filling out the form (https://solanafoundation.typeform.com/to/Rxm8STIT)
Enter the address of the wallet from which the asset was stolen

Direct info from notice https://solscan.io/account/Htp9MGP8Tig923ZFY7Qf2zzbMUmYneFRAhSp7vSg4wxV

Hopefully there will be good things after filling out the form for those of you who are victims of the hack  Click here


Engineers from multiple ecosystems, with the help of several security firms, are investigating drained wallets on Solana. There is no evidence hardware wallets are impacted.

Do not reuse your seed phrase on a hardware wallet - create a new seed phrase.

If your wallet was one of the 7,767 impacted please complete this survey – engineers are investigating the root cause

This thread will be updated as new information becomes available.

https://twitter.com/solanastatus/status/1554658171934937090
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August 03, 2022, 12:02:33 PM
 #7

I also got several notifications from major exchanges to withdraw assets from Solana when the attack occurred. This is quite worrying, Solana gets attacks like this every year and the worst thing is this is happening. They often announce blackouts at the center of the network due to several problems but as they continue to face problems like this, investors and traders start to lose confidence. It is not advisable to keep finances in Solana long term, I am afraid this will not be resolved in a short time.

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August 03, 2022, 12:31:49 PM
 #8

I also got several notifications from major exchanges to withdraw assets from Solana when the attack occurred. This is quite worrying, Solana gets attacks like this every year and the worst thing is this is happening. They often announce blackouts at the center of the network due to several problems but as they continue to face problems like this, investors and traders start to lose confidence. It is not advisable to keep finances in Solana long term, I am afraid this will not be resolved in a short time.
It's really terrible I see on Twitter a lot of people are complaining about this problem because hackers have taken $6 million of course there will be a lot of concern especially investors in it who put more money, if many wallets are connected to multiple browsers I think they will lose in this problem .
Luckily I didn't put any money on Solana because I know that their security is not that tight and there are often problems if this happens again then investor confidence will probably be lost.

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August 03, 2022, 12:50:33 PM
 #9

Will this be the end of another top altcoin? We are yet to forget what terra luna has done to investors, losing their money. Now, Solana is hit by hackers siphoning people's money. Who knows the next top altcoin that will be rug pulled? We are all in a pathetic situation.
The crypto space is no longer safe as we think it is.

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August 03, 2022, 12:53:24 PM
 #10

The saddest thing in this situation is that the reason why money disappears from users' wallets is still not clear. If this is a problem with smart contracts, then this problem is solved by transferring funds to another wallet, but what if the problem is more serious?

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August 03, 2022, 01:01:37 PM
 #11

Yes I am afraid that it’s not safe for us anymore to keep our hard earned money there. As much as possible, it’s better to disconnect and remove all permissions from all sites now and store them in a hardware wallet that supports Solana and SOL-based tokens. That’s where I have learned it myself when I was hacked around $12k from 3 of my Metamask and Trust Wallets combined. The hackers have improved their skills, so we should also improve and adjust to make our assets safe.

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August 03, 2022, 01:16:18 PM
 #12

...If you have cold wallets, it is better to transfer your coins and tokens there for the time being. It is found out that hot wallets such as Phantom, Slope, and Trust Wallet are already being drained of funds because of this current attack...

I just checked my coins on Phantom and to my joy, everything is in place) The coins that have value have been transferred by me to the exchange wallet. And also the entire Sol was transferred so that it was impossible to pay for the transaction when an unauthorized withdrawal of funds from the wallet was attempted.

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August 03, 2022, 03:07:58 PM
 #13

The saddest thing in this situation is that the reason why money disappears from users' wallets is still not clear. If this is a problem with smart contracts, then this problem is solved by transferring funds to another wallet, but what if the problem is more serious?
Until now there still no clear explanation about solana hack? This is nuts, solana should be able to clear on public how does this modus affect some users or else their network will undergone serious fudding or worse dumping since investors might get scared of losing their tokens in just like that.

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August 03, 2022, 03:16:38 PM
 #14

it would be better if temporarily moving Solana's assets to the coin stable, I don't know if this was planned to make Solana's price crash or they just wanted to take advantage of the attack. But solana has a strong team, even though this negative news has an impact, maybe some time in the near future we will see Solana can stabilize again.

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August 03, 2022, 05:53:37 PM
 #15

when the market is experiencing a short term bullish, SOL is having problems, of course this is really disappointing,
with this bad news of course many are selling SOL and some assets in their ecosystem, and unfortunately,
their team also does not provide a statement on social their media, and that infuriates the holder and the community!, yes, this hack is no joke!

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August 03, 2022, 06:13:56 PM
 #16

In my memory, this is the biggest problem that cannot be identified. How much can this affect people's trust in cryptocurrency in general?

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August 03, 2022, 06:57:58 PM
 #17

Just hours ago, Solana is being attacked. As of this posting, the attack hasn't ended yet. So far, the stolen amount has already exceeded $6 million.

It is advised for users to start "unlinking browser-based Solana wallets from all internet sites, and moving funds to a new clean wallet." And this is urgent.

If you have cold wallets, it is better to transfer your coins and tokens there for the time being. It is found out that hot wallets such as Phantom, Slope, and Trust Wallet are already being drained of funds because of this current attack.

1. https://www.business2community.com/crypto-news/solana-hack-5-million-exploit-of-phantom-wallets-slope-wallets-02531188
2. https://www.coindesk.com/markets/2022/08/03/phantom-wallet-exploit-drains-millions-in-sol-tokens/

attacks on cryptocurrencies will continue to occur and hackers will maximize their efforts until they find the results they want. Maybe the current incident against Solona will be the end of solona's journey in cryptocurency. because the attacks that happened to solona have been repeated. Solona has to fix a stronger security system, otherwise the end of Solona has come because no investor will trust anymore.

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August 03, 2022, 07:10:02 PM
 #18

it would be better if temporarily moving Solana's assets to the coin stable, I don't know if this was planned to make Solana's price crash or they just wanted to take advantage of the attack. But solana has a strong team, even though this negative news has an impact, maybe some time in the near future we will see Solana can stabilize again.
while it is better to move assets to the market, not in the chrome wallet, it is not only the sole that is stolen, there is also a stable one. seeing solana's news on there is a problem really makes me worry about solana's safety, I hope there will be no more problems like this. I feel grateful yesterday that I still have Solana, fortunately, I have transferred it to the Binance exchanges

R


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August 03, 2022, 09:15:06 PM
 #19

It's sad to see that so many attack happened with crypto. Decentralized bridged and wallets are not safe anymore. I saw a few days ago the hack happened with some bridged and this time it's happening with phantom wallet. Just wanna know how amateur those developers are. I think that it would better if any hacked cases that happened with the platforms and then dev must be sued to the court. This to make sure if they are working in what they can afford to make sure the security was safe.

Not tested thoroughly from vulnerability I guess in a hurry to release a version. So this bridge allows the attackers to withdraw from mobile wallets?

They are saying it affected browsers and mobile wallet which there are multiple users doing this attack.  So convenient that many investors just have the confidence in the market and then just got disappointed by this hack. Lucky the few I bought are still in the exchange.

Yes, if it wasnt rushed this issues wouldnt arise, the outages in the blockchain is a sign that people shouldnt use it already because if its the blockchain that has the issue, the whole system is in danger. There were few
people  who have been warning not to use Solana until the devs fixed the outages because it might lead to vulnerabilities and now probably hackers found a loop-hole, who knows maybe there are other issues waiting to be discovered.

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August 03, 2022, 09:36:53 PM
 #20

This is a very bad news for those who own solana. If they didn't lose their funds then they better sold their solana if I were them. Selling their solana doesn't mean you don't have faith with solana that the attack won't cause problem but a solution to get away with solana as it is being attacked as it is just a precaution to avoid being a victim with the attack when the attackers successful to what they want to accomplish.

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