read.cash Log in
@BOMBERuss more from that month

#Slope Finance says there is no "conclusive evidence" linking the major #Solana hack to the wallet's own security flaw, according to a statement from the Solana wallet provider on Thursday. He is still investigating the attack, but said auditors are nearing their conclusions. Users of the Slope wallet became victims of a malicious #exploit earlier in August, which led to the theft of more than $4 million in solana (#SOL) tokens from more than 9,000 addresses. Solana researchers traced the hack to a vulnerability in Slope mobile wallets, where the initial phrases were stored in plain text. Despite the fact that Slope admitted that there really was a vulnerability, he remains skeptical that it was she who caused the hack. According to Slope, despite the fact that a security breach did exist, the number of wallet addresses lost as a result of the attack exceeded the number of compromised Slope addresses. In addition, it was found that 1,444 compromised addresses were deleted, which is much less than the total number of deleted addresses. The Solana wallet provider also stated that, despite the vulnerability, access to the server, where information about the initial phrases was stored in plain text, was protected by end-to-end encryption. An additional three-factor authentication protocol was also configured on this server to provide access, the statement said. For these reasons, Slope said, "auditors do not have convincing evidence linking the Slope vulnerability to the exploit." Slope said its investigation did not reveal additional security issues. Thus, the wallet provider declares that the latest patched version of the Slope wallet is safe to use. However, Slope condemned the events of last week in a statement, adding that the mere existence of a security breach was enough to put users' funds at risk. #CryptoCurrency

No comments yet

Log in to join in Reading is open to everyone. Replying needs an account.