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THE PLUG

SOLANA VICTIM OF CRYPTO HACK

August 4, 2022

Over $7 million USD was stolen from the Solana Foundation after the network was attacked on August 2, 2022. The attack left thousands of crypto holder wallets with stolen funds. Solana is issuing updates of the breach on Twitter and while investigations are still underway it did state that "it appears affected addresses were at one point created, imported, or used in Slope mobile wallet applications."


SOL cryptocurrency, tokens based on the Solana network, and NFTs were stolen during the breach. Solana is one of the fastest growing blockchains that provides low transaction costs and fast transaction speeds.

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