Crypto takes a new hit as thousands of Solana wallets hacked


The Solana hack comes just after bridge protocol Nomad lost RM890mil to security exploit. — AFP

Hackers targeted the Solana ecosystem early on Aug 3 with thousands of wallets affected in the latest hit to the cryptocurrency market after bridge protocol Nomad was attacked at the start of the week.

Estimates of the damage vary. Just over US$5.2mil (RM23.1mil) in cryptoassets have been stolen so far from more than 7,900 Solana wallets, according to blockchain forensics firm Elliptic. Security company PeckShield said four Solana wallet addresses drained approximately US$8mil (RM23.6mil) from victims.

Subscribe now and receive free sooka plan for 1 month. T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Solana , Blockchain , NFT

Others Also Read


Want to listen to full audio?

Unlock unlimited access to enjoy personalise features on the TheStar.com.my

Already a member? Log In