• 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's Price Action Remains Choppy Amid Key Support Levels

chest

Bitcoin's price is currently rangebound between critical zones, with buyers supporting the lower end.

user avatarMaya Lundqvist

Phantom Integrates Kalshi's Prediction Markets for 20 Million Users

chest

Phantom has launched Kalshi-powered prediction markets within its wallet, enabling its 20 million users to trade tokenized positions on real-world outcomes.

user avatarLeo van der Veen

Critical Support Zone for TAO Identified

chest

Analyst Crypto Patel has identified the 262-215 range as a crucial support zone for TAO's price stability.

user avatarGustavo Mendoza

ADNOC Distribution to Accept AE Coin at Service Stations

chest

ADNOC Distribution will accept AE Coin, a dirham-pegged stablecoin, at around 980 service stations in the UAE, Saudi Arabia, and Egypt to enhance digital payment systems.

user avatarAisha Farooq

AE Coin Approved as UAE's First Central Bank-Backed Stablecoin

chest

AE Coin has been recognized as the first Central Bank-approved stable digital currency in the UAE, fully backed by the dirham (AED).

user avatarLi Weicheng

Security Costs Surge Following CEO Murder

chest

The murder of UnitedHealth CEO Brian Thompson has led to a significant increase in security budgets across major health insurers, including updates to websites that now exclude executive photos.

user avatarTenzin Dorje

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.