Solana Faces a Menace as Wallets Drainers Drain Over $4M in 30 Days
With the recent success of Solana, scammers and hackers are attempting to take advantage of its thriving memecoin scene.
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Solana Faces Ongoing Threat as Wallet Drainers Pilfer Over $4M in 30 Days
Solana is facing an increase in phishing scams, particularly the Rainbow Drainer and Node Drainer exploits, resulting in the theft of over $4 million from more than 4,000 users in the past month. The absence of a blocklist in the Solana ecosystem contributes to the scammers' ability to continue their campaigns. Users are urged to exercise caution to avoid falling victim to these malicious activities.
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The supply chain tracking project has a comfortable cushion in its Foundation treasury, but expenditures were very low through the first quarter of 2022.
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