Crypto takes a new hit as thousands of Solana wallets hacked

In yet another major cryptocurrency hack, the popular blockchain Solana on Wednesday reported that an unknown bad actor has drained funds from 7,767 wallets on the Solana Network.

However, Blockchain security firm SlowMist claimed more than 8,000 wallets had been drained worth around $8 million.

Solana is a high-performance Blockchain supporting builders around the world creating crypto apps that scale today.

The attack has affected “hot” wallets which are always connected to the internet, allowing people to store and send tokens easily.

“Engineers from multiple ecosystems, with the help of several security firms, are investigating drained wallets on Solana. There is no evidence hardware wallets are impacted,” said Solana.