Slope Wallet Conducting Internal Investigations and Audits as It's Said to Be Related to Solana Exploits

Solana-based wallet Slope released a statement regarding the massive Exploits in the Solana ecosystem, saying that the team is working with top external security and audit groups to conduct internal investigations and audits, and is working with developers, security experts, and protocols from throughout the ecosystem to work to identify and rectify the breaches. Slope recommended users to create a new wallet using new seed phrase, and transfer all assets to this new wallet. After the statement was released, Solana Status and Phantom wallet tweeted respectively that they thought the wallet draining incident was related to Slope. Solana Status said that "it appears affected addresses were at one point created, imported, or used in Slope mobile wallet applications." and "there is no evidence the Solana protocol or its cryptography was compromised."
Source

Solana

Wallet

DeFi

Security Incidents

In This Article

Related News
North Korean hackers use fake Zoom updates to deliver ‘NimDoor’ macOS malware targeting crypto firms North Korean hackers use fake Zoom updates to deliver ‘NimDoor’ macOS malware targeting crypto firms
Solana validators patch zero-day bug that could have led to unlimited minting of certain tokens Solana validators patch zero-day bug that could have led to unlimited minting of certain tokens
Term Finance recovers $1 million of $1.6 million loss to oracle configuration error Term Finance recovers $1 million of $1.6 million loss to oracle configuration error
Canada to launch spot Solana ETFs this week: report Canada to launch spot Solana ETFs this week: report
Solana's key SIMD-228 proposal fails to pass validator vote, token emissions unchanged Solana's key SIMD-228 proposal fails to pass validator vote, token emissions unchanged
Latest News More More
14 Hours Ago Chinese creditors push back against FTX's motion to forfeit payouts in restricted jurisdictions
3 Days Ago TON Foundation offers path to 10-year UAE 'Golden Visa' for $100k in staked TON, $35k fee; UAE denies eligibility
6 Days Ago Tether plans further Bitcoin mining expansion in South America with Adecoagro tie up
July 3 JPMorgan's blockchain unit tests new carbon credit tokenization application with S&P Global
June 30 Ethereum community plans onchain ‘time capsule’ to mark 10th anniversary of network’s genesis block
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open