Solana Wallets Targeted in Latest Multimillion Dollar Hack

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Solana Wallets Targeted in Latest Multimillion Dollar Hack
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NEW: An exploit impacting Solana's Phantom wallet appears to have drained over $2 million worth of tokens over the past hour. elitanjourno reports

is the one of the latest victims of an exploit, with users reporting that their funds have been drained without their knowledge.of the attacker has so far stolen at least $500,000 in SOL tokens, $1.5 million in SPL tokens and $1 million in NXDF tokens. Other wallets also appear to be targeted.

"We are evaluating the incident impacting Solana wallets and are working closely with other teams in the ecosystem to get to the bottom of this. We will issue an update once we gather more information,” a representative of Phantom told CoinDesk in a statement. “The team doesn't believe this is a Phantom-specific issue at this time.”

Some users suspect the hack could be related to transactions on Magic Eden’s Solana-based non-fungible token marketplace, though the source of the exploit has yet to be confirmed. Magic Eden did not respond to CoinDesk’s request for comment, but tweeted a warning for users to revoke permissions from their wallet to avoid being attacked.seeing his USDC drained, including both USDC on Solana and Ethereum.

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