• Coins MarketCap
    • Coins MarketCap
    • Crypto Calculator
    • Top Gainers and Loser of the day
  • Crypto Exchanges
  • Bitcoin News
  • Crypto News
    • Cryptocurrency
    • Blockchain
    • Finance
    • Investing
    • View all latest Updates regarding crypto
Saturday, November 8, 2025
WIREOPEDIA
No Result
View All Result
Contribute!
CONTACT US
  • Home
  • Breaking News
  • World
  • UK
  • US
  • Entertainment
  • Business
  • Technology
  • Defense
  • Health Care
  • Politics
  • Strange
  • Crypto News
WIREOPEDIA
  • Home
  • Breaking News
  • World
  • UK
  • US
  • Entertainment
  • Business
  • Technology
  • Defense
  • Health Care
  • Politics
  • Strange
  • Crypto News
No Result
View All Result
WIREOPEDIA
No Result
View All Result
Home Blockchain

Solana supply chain attack contained, but users face six-figure losses

by wireopedia memeber
December 4, 2024
in Blockchain, Crypto, Crypto Market, Cryptocurrency, Finance, Investing, Market
0
Solana supply chain attack contained, but users face six-figure losses
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter

A supply chain attack on the Solana network ecosystem was quickly contained during the past day.

You might also like

‘Survival Mode’ Activated: Bitcoin Miners Struggle As Hashprice Collapses

Convicted Russian crypto scammer and his wife found murdered in the UAE

Bitcoin Dominance Signals The Crypto Bull Run Remains Active – Analyst

On Dec. 3, Anza, a Solana-focused development team, revealed that an account with publish access to the solana/web3.js JavaScript library was compromised.

This allowed the attacker to inject unauthorized packages containing malicious code that stole private key information and drained funds from decentralized applications (dApps) that interact with private keys.

Solana blockchain safe

The attack did not affect non-custodial wallets, as these wallets do not expose private keys during transactions. Developers clarified that the issue is specific to the JavaScript client library and does not involve the Solana protocol.

A staunch Solana advocate, Mert Mumtaz, reassured the community that the attack was contained while pointing out that the incident had “nothing to do with the security of the [Solana] blockchain itself.”

He also explained that the issue mainly impacted developers who had updated their systems within a short time window, specifically those running JavaScript bots or similar backend systems using private keys. End-users and wallets were largely unaffected, as they do not expose private keys.

Meanwhile, several Solana-based projects, including Phantom and the Backpack exchange, confirmed that the exploit did not impact them.

Phantom, the most popular Solana wallet, emphasized that they had never used the compromised versions of @solana/web3.js, ensuring their users’ security remained intact.

Six-figure loss

While the attack was promptly contained, the pseudonymous developer of DeFiLlama 0xngmi reported that some investors lost six figures due to the incident.

On-chain data suggest that the malicious attack resulted in an estimated $160,000 in stolen assets, primarily in SOL. The attacker’s address held over $161,000 worth of SOL and additional tokens valued at over $31,000.

While the loss is significant, 0xngmi believes the damage could have been far worse. He explained that the hacker’s direct targeting of private keys may have limited the attack’s potential as a more sophisticated exploit, such as the one seen in last year’s Ledger hardware wallet compromise, could have been far more destructive.

In that incident, attackers replaced a legitimate library with a malicious one, resulting in losses exceeding $610,000

The post Solana supply chain attack contained, but users face six-figure losses appeared first on CryptoSlate.

Read Entire Article
Tags: BlockchainCoin SurgesCryptocurrenciesCryptoslateMarket StoriesTrading
Share30Tweet19

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Related News

Eurovision emergency vote on Israel’s inclusion is called off

Eurovision emergency vote on Israel’s inclusion is called off

October 14, 2025

Tron Founder Shares Key Objectives For Ecosystem In Q3 And Q4, Here’s What It Is

July 15, 2024
‘Mini-moon’ about to enter Earth’s orbit and stick around for months

‘Mini-moon’ about to enter Earth’s orbit and stick around for months

September 25, 2024

Browse by Category

  • Blockchain
  • Breaking News
  • Business
  • Crypto
  • Crypto Market
  • Cryptocurrency
  • Defense
  • Entertainment
  • Finance
  • Health Care
  • Investing
  • Market
  • Politics
  • Strange
  • Technology
  • UK News
  • US News
  • World
WIREOPEDIA

Wireopedia is an automated news feed. The Wireopedia AI pulls from sources with different views so you can see the various sides of different arguments and make a decision for yourself. Wireopedia will be firmly committed to the public interest and democratic values.

Privacy Policy     Terms and Conditions

CATEGORIES

  • Blockchain
  • Breaking News
  • Business
  • Crypto
  • Crypto Market
  • Cryptocurrency
  • Defense
  • Entertainment
  • Finance
  • Health Care
  • Investing
  • Market
  • Politics
  • Strange
  • Technology
  • UK News
  • US News
  • World

BROWSE BY TAG

Bitcoin Bitcoinist Bitcoinmagazine Blockchain Breaking News Business BuzzFeed Celebrity News Coin Surges Cointelegraph Cryptocurrencies Cryptoslate Defense Entertainment Health Care insidebitcoins Market Stories newsbtc Politico Skynews Strange Technology Trading UK US World

RECENT POSTS

  • Man charged with luggage theft from Gatwick Airport
  • UK looking at Denmark model to cut illegal migration
  • ‘Survival Mode’ Activated: Bitcoin Miners Struggle As Hashprice Collapses
  • Convicted Russian crypto scammer and his wife found murdered in the UAE
  • Bitcoin Dominance Signals The Crypto Bull Run Remains Active – Analyst

© 2024 WIREOPEDIA - All right reserved.

No Result
View All Result
  • Home
  • Breaking News
  • World
  • UK
  • US
  • Entertainment
  • Business
  • Technology
  • Defense
  • Health Care
  • Politics
  • Strange
  • Crypto News
  • Contribute!

© 2024 WIREOPEDIA - All right reserved.

  • bitcoinBitcoin(BTC)$101,808.000.34%
  • ethereumEthereum(ETH)$3,373.621.62%
  • tetherTether(USDT)$1.000.05%
  • binancecoinBNB(BNB)$989.694.03%
  • rippleXRP(XRP)$2.261.10%
  • solanaSolana(SOL)$156.79-0.31%
  • usd-coinUSDC(USDC)$1.000.00%
  • staked-etherLido Staked Ether(STETH)$3,370.501.57%
  • tronTRON(TRX)$0.2907211.10%
  • dogecoinDogecoin(DOGE)$0.1742432.04%
  • cardanoCardano(ADA)$0.561.28%
  • wrapped-bitcoinWrapped Bitcoin(WBTC)$101,686.000.26%
  • chainlinkChainlink(LINK)$15.210.25%
  • bitcoin-cashBitcoin Cash(BCH)$489.10-1.49%
  • stellarStellar(XLM)$0.2801481.27%
  • litecoinLitecoin(LTC)$98.460.52%
  • avalanche-2Avalanche(AVAX)$17.12-0.16%
  • shiba-inuShiba Inu(SHIB)$0.0000102.13%
  • polkadotPolkadot(DOT)$3.135.22%
  • daiDai(DAI)$1.000.08%
  • crypto-com-chainCronos(CRO)$0.124866-2.47%
  • uniswapUniswap(UNI)$5.945.54%
  • nearNEAR Protocol(NEAR)$2.784.58%
  • okbOKB(OKB)$120.30-0.50%
  • filecoinFilecoin(FIL)$2.801.15%
  • algorandAlgorand(ALGO)$0.1754231.02%
  • vechainVeChain(VET)$0.0168083.71%
  • cosmosCosmos Hub(ATOM)$2.910.79%
  • elrond-erd-2MultiversX(EGLD)$9.933.52%