Cryptocurrency Q&A What is Solana hack?

What is Solana hack?

Elena Elena Fri Oct 25 2024 | 5 answers 1181
Solana Hack refers to a series of hacker marathon events organized by Superteam Vietnam, aiming to connect creative thinking with methodological approaches. Participants develop innovative solutions and prototypes for future commercialization on the growing digital ecosystem, web3, focusing on areas like health, business, and technology. What is Solana hack?

5 answers

Elena Elena Sun Oct 27 2024
In February 2022, a significant security breach occurred.

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Alessandro Alessandro Sun Oct 27 2024
An attacker managed to bypass the signing process on the Solana blockchain.

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FireFlyer FireFlyer Sun Oct 27 2024
As a result, the attacker minted 120,000 wrapped ETH tokens without locking an equivalent amount on Ethereum.

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Bianca Bianca Sun Oct 27 2024
The stolen assets were valued at approximately $338 million at the time of the exploit.

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CryptoKnight CryptoKnight Sat Oct 26 2024
The Wormhole team responded swiftly, attempting to negotiate with the hacker.

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