Slope wallets blamed for Solana-based wallet attack

Web3 wallet provider Slope has been connected to the recent hack of Solana-based wallets.

Slope wallets blamed for Solana-based wallet attack New

As the dust settles after yesterday's Solana ecosystem chaos, data is surfacing indicating that wallet provider Slope is largely responsible for the security exploit that stole crypto from thousands of Solana users.

Slope is a Web3 wallet provider for the Solana layer-1 (L1) blockchain. Via the Solana Status Twitter account on August 3, the Solana Foundation pointed the finger at Slope stating that "it appears that the affected addresses were at some point created, imported or used in the Slope mobile wallet applications ".

After investigation by developers, ecosystem teams and security auditors, it appears that the affected addresses were at some point given created, imported or used in Slope mobile wallet applications. 1/2

— Solana Status (@SolanaStatus) August 3, 2022

Solana co-founder Anatoly Yakovenko also linked Slope wallets to the hack on his own personal Twitter account. He advised users to regenerate a seed phrase from a service other than Slope as soon as they can. He also told a concerned user to "Start practicing the separation of cold/hot wallets".

Attacker is lazy to lead all paths. A group of phantom users only saw their slope addresses empty. I would advise anyone who has hit the slope to regenerate their seed phrase in a different portfolio as soon as possible.

— SMS aey.sol, (@aeyakovenko) August 3, 2022

Solana-based wallet exploits first surfaced on August 2, after the community began reporting that their crypto wallets were drained of their Solana (SOL) and other tokens. It's an estimate...

Slope wallets blamed for Solana-based wallet attack

Web3 wallet provider Slope has been connected to the recent hack of Solana-based wallets.

Slope wallets blamed for Solana-based wallet attack New

As the dust settles after yesterday's Solana ecosystem chaos, data is surfacing indicating that wallet provider Slope is largely responsible for the security exploit that stole crypto from thousands of Solana users.

Slope is a Web3 wallet provider for the Solana layer-1 (L1) blockchain. Via the Solana Status Twitter account on August 3, the Solana Foundation pointed the finger at Slope stating that "it appears that the affected addresses were at some point created, imported or used in the Slope mobile wallet applications ".

After investigation by developers, ecosystem teams and security auditors, it appears that the affected addresses were at some point given created, imported or used in Slope mobile wallet applications. 1/2

— Solana Status (@SolanaStatus) August 3, 2022

Solana co-founder Anatoly Yakovenko also linked Slope wallets to the hack on his own personal Twitter account. He advised users to regenerate a seed phrase from a service other than Slope as soon as they can. He also told a concerned user to "Start practicing the separation of cold/hot wallets".

Attacker is lazy to lead all paths. A group of phantom users only saw their slope addresses empty. I would advise anyone who has hit the slope to regenerate their seed phrase in a different portfolio as soon as possible.

— SMS aey.sol, (@aeyakovenko) August 3, 2022

Solana-based wallet exploits first surfaced on August 2, after the community began reporting that their crypto wallets were drained of their Solana (SOL) and other tokens. It's an estimate...

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