Category: Solana hack

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Cypher Protocol freezes smart contract after an estimated $1M exploit

A crypto wallet suspected to be tied to the exploit has gained over $1 million in SOL and UDSC since the attack. Solana-based decentralized futures exchange Cypher Protocol halted its smart contract after an estimated $1 million exploit. On Aug. 7, Cypher alerted its 13,500 followers on X (formerly known as Twitter) that it had…
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Ongoing Solana-based wallet hack seeing millions drained

NFT marketplace Magic Eden noted that it “seems to be a widespread SOL exploit at play” and called on users to revoke permissions for any suspicious links in their Phantom wallets. An ongoing, widespread hack has seen as much as $8 million in funds drained so far across a number of Solana-based hot wallets. At…
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