• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M
ScamSniffer: Hackers stole $4 million from the Solana network

ScamSniffer: Hackers stole $4 million from the Solana network

user avatar

by Max Nevskyi

2 years ago


According to information from ScamSniffer experts, there has been active hacker activity in the Solana network over the past month, aimed at stealing funds from users. It has been reported that cybercriminals deceived more than 4,000 account owners, stealing over $4 million in total. This was done through phishing attacks, during which criminals exploited vulnerabilities in transaction modeling to make direct fund transfers.

Scam Sniffer first noticed the actions of an anonymous hacker using the pseudonym Rainbow Drainer after receiving a report from one of the victims regarding a phishing incident related to an Airdrop. The analysis revealed that the attacker managed to steal approximately $2.14 million from 2,189 users. Another wallet known as Node Drainer was also actively involved in phishing attacks, siphoning off over $2 million in less than two weeks.

The address associated with Node Drainer was used to convert the stolen USDC into ETH through the AllBridge bridge, bringing the criminals more than $1 million in profit. Analysts noted that unlike Ethereum, phishing in the Solana network often involves direct transfers, exploiting vulnerabilities in the transaction modeling process.

Experts emphasize that the blockchain is a "dark forest" where fraudsters lurk and urge users to protect their digital assets by remaining vigilant and informed about potential threats.

Solana, a popular blockchain platform, was created in 2017 with the goal of providing scalability and high performance. Thanks to its unique architecture, Solana can process up to 65,000 transactions per second, significantly exceeding the capabilities of most other blockchains. This makes it ideal for deploying decentralized applications and gaming platforms, and Solana has established itself as one of the fastest and most efficient networks in the world of cryptocurrencies.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Bitcoin Achieves Weekly Close Above 80,000, Strengthening Bullish Sentiment

chest

Bitcoin has successfully closed a week above 80,000, marking a significant milestone for bulls in the cryptocurrency market.

user avatarArif Mukhtar

Zcash Open Development Lab Secures $25 Million Funding

chest

Zcash Open Development Lab (ZODL) has raised $25 million to enhance Zcash's scalability and user experience.

user avatarAndrew Smith

Zodl Wallet Launches with Enhanced Features

chest

The launch of the Zodl wallet marks a significant shift towards user adoption and privacy in Zcash.

user avatarMaria Gutierrez

Institutional Adoption and Market Dynamics for XRP

chest

Institutional interest in XRP is growing, with significant withdrawals and developments in real-world asset tokenization.

user avatarJacob Williams

Zcash's Governance Reset Fuels Revival

chest

Zcash's recent revival is attributed to significant governance changes and strategic decisions made in 2023 and 2024.

user avatarDavid Robinson

FBI Director Kash Patel Discusses AI Integration in Law Enforcement

chest

FBI Director Kash Patel discusses the agency's integration of artificial intelligence to enhance operations, particularly in locating missing children and responding to threats.

user avatarZainab Kamara

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.