Hackers stole $ 4 million from Solana blockchain

According to ScamSniffer, over the past month, hackers have been regularly stealing money from users of the Solana SOL $196.21 Solana 4.87% Market capitalization $92.53 billion VOL. 24 hours $0.81 billion network. They managed to deceive more than 4 thousand account holders and stole more than $ 4 million in total. The attackers used «transaction modeling vulnerabilities to make direct transfers».

Crypto analyst Scam Sniffer first noticed the activities of the anonymous Rainbow Drainer attacker after one of the victims reported a phishing incident involving free cryptocurrency (airdrops). After the expert conducted a thorough monitoring, it turned out that the criminal had already stolen about $ 2.14 million from 2189 people. Another wallet, labeled Node Drainer, was also actively involved in phishing attacks and managed to get more than $ 2 million in less than 2 weeks.

The address associated with Node Drainer converted the stolen USDC into ETH via the AllBridge bridge, making a profit of over $ 1 million. The analyst explained that «unlike Ethereum, Solana phishing often involves direct transfers by exploiting weaknesses in transaction modeling.»

The expert urged users to protect their digital assets, remain vigilant, and try to be aware of potential attacks.

Thanks to its unique architecture, Solana is currently capable of processing up to 65 thousand transactions per second. This significantly exceeds the capabilities of most other blockchains and makes Solana an ideal choice for deploying decentralized applications and gaming platforms.