Get the latest information covering the Slope Finance wallet exploit and dig into the on-chain analysis to better understand the scope of the exploit.
Slope Community Letter: https://twitter.com/slope_finance/status/1554937187283656707?s=20&t=wW8VjOlao9-6zf6ywIHxmw
Flipside H4wk Analysis: https://app.flipsidecrypto.com/dashboard/solana-exploited-incident-analysis-xauPWQ
Solana Founder Comments: https://twitter.com/aeyakovenko/status/1554745536741138433
Latest Solana Update: https://twitter.com/SolanaStatus/status/1554921396408647680?s=20&t=mo4vS_CPUbnwV9hQC9hbxQ
SolFlare Wallets are allegedly safe: https://twitter.com/solflare_wallet/status/1554848698991280128?s=21&t=bqw2AJLLLSNthl88Zu_wxQ
What is a supply chain hack: https://twitter.com/joemccann/status/1554872818487029760?s=20&t=3xztFSmDXo6PZoVCnX0TWg
Twitter threads to review:
π¨ Widespread Solana private key compromise π¨
β attacker is stealing both native tokens (SOL) and SPL tokens (USDC)
β affecting wallets that have been inactive for >6 months
β both Phantom & Slope wallets reportedly drained pic.twitter.com/AkZXOGLD0Q— foobar (@0xfoobar) August 3, 2022
Big news β @Solana hack!
In an unknown way scammers are withdrawing $SOL from the wallets of ordinary users right now!
The amount of stolen funds currently exceeds $5 million. I recommend unlinking your wallet from all sites so they don't have access to your assets! pic.twitter.com/NVI5ULeCdB
— CIA Officer (@officer_cia) August 2, 2022
Stay up to date with Bites Digital, the place to get news, interviews, and explainers on DeFi Crypto Projects. Follow us on Twitter at https://twitter.com/BitesDigitalGroup and check out our on-chain analytical partners over at FlipsideCrypto https://flipsidecrypto.xyz/
0:00 Intro
1:03 First Solana Status Update
1:35 Flipside Dashboard Investigating Exploit by H4wk
3:17 Current Status of News
4:00 Slope Finance Underfire
4:28 Slope Community Letter
5:42 Supply Chain Exploit
6:41 Solana Protocol Advocate and Data Analyst Interview
8:28 What is a supply chain exploit?
12:27 What can users do right now?
16:22 Outro
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