After hacking the Solana wallet, founder Anatoly Yakovenko advises SOL holders to withdraw cryptocur

Aug 04, 2022 10:00







Solana co-founder Anatoly Yakovenko says that the hack, which compromised the wallets of more than 8000 SOL holders, may be related to problems with mobile platforms.
Early Wednesday morning, blockchain security company PeckShield reported that the attack on Solana wallets was caused by a supply chain hack, that is, compromising an external party or a supplier with access to the victim's data.

"The widespread hacking of Solana wallets is probably related to the problem of the supply chain used to steal/disclose users' private keys behind vulnerable wallets. At the moment, the loss is estimated at $8,000,000, not counting one illiquid coin (a total of 30 holds and possibly an undervalued $570 million)."

Around the same time, Yakovenko from Solana suggested that the attack was due to a vulnerability in Apple's iOS.

Addressing his 191,000 followers, he said:

"It looks like an iOS supply chain attack. Several likely wallets were affected, which received only sol and had no interactions other than receiving. And also the key that was imported into iOS and generated from the outside."

However, Android mobile device users have also reported depletion of their assets.

On the Solana Status Twitter page dedicated to updates of the Solana ecosystem, it says that there is no evidence yet that the attack was able to hack hardware wallets.

"There is no evidence that hardware wallets have been affected and users are strongly encouraged to use hardware wallets. Do not reuse the LED phrase in the hardware wallet - create a new LED phrase. Emptied wallets should be treated as compromised and abandoned."

Similarly, Yakovenko also tweeted that SOL holders concerned about the attack should transfer their assets from mobile wallets, preferably to the popular Ledger hardware wallet.

Phantom, one of the most widely used Solana wallets, has stated that it does not believe the problem is related to its systems.

"We are working closely with other teams to understand the discovered vulnerability in the Solana ecosystem. Currently, the team does not believe that this is a Phantom-related issue.

As soon as we gather more information, we will release an update."

At the time of writing, SOL was virtually unaffected by the news, trading at $40 and down 3% for the day.

https://coin-signal.com/cryptonews/after-hacking-the-solana-wallet-founder-anatoly-yakovenko-advises-sol-holders-to-withdraw-cryptocurrency-from-mobile-platforms/
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