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Cryptocurrency Alert: Solana Network Hacked

cryptocurrency Sunshine (SUN) I entered Red alert in the last hours due to the fact that a hack was registered in its network by means of which the major wallets.

At the moment the exploit caused loss of $8 million between network users while the base cryptocurrency fell more than 2% in price despite the fact that the market is in a bullish period.

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Next we explained well what happenedor at least the main estimates in this regard, as well as what the specialists recommend to do in case of being affected by the cyberattack.

Qu pas con Solana

The news about the hack was initially released on Twitter., where several users of wallets belonging to the Solana network reported the disappearance of funds from their wallets.

The Solana wallets hack is likely due to a supply chain issue that has been exploited to steal/discover the private keys of the users behind the affected wallets.“, secure the specialized account PeckShield.

With this in mind, several crypto influencers started recommending withdraw funds from Solana-based walletsto instead use wallets disconnected from the network.

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Send all your NFTs and liquid assets to other wallets if you use platforms in the Solana ecosystem“, alerted the Magic Eden platform account and sentenced: “The best thing they can do is move everything to a cold wallet.”

For its part, Phantom -one of the main crypto platforms based on Solana- communicated: “We are working together with other teams to understand the vulnerability of the Solana system. At the moment we do not believe that it is a specific problem of Phantom“.

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How the hack affected the crypto market

The hack does not appear to have affected the crypto market in any major way, as all other cryptocurrencies opened in the green earlier today. Bitcoin (BTC) rose 2.1% during the last day to leave its price in the range of u$s 23.400. Ethereum (ETH) had similar performance with a rise of 4.7% in the last 24 hours that left the asset with a price on the verge of u$s 1660.

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As for the rest of the quotes, the prices varied as follows:

  • Binance Coin (BNB): u$s 291 (3.9% comes)
  • Cardano (ADA): u$s 0.51 (2.7% comes)
  • Ripple (XRP): u$s 0.37 (0.5% arrives)
  • Dogecoin (DOGE): u$s 0.06 (1.8% comes)

Thus opened the cryptocurrency market.

Lastly, the Bitcoin Fear or Greed Index is marked in 34 points, which represents a scary situation and predicts a bearish market for the near future.

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