August 11, 2022


Crypto wallet hack has drained millions from iOS and Android users with ‘hot’ wallets — how to protect yourself

2 min read

A new crypto wallet hack targeting Android and iOS users with connected wallets containing the cryptocurrency Solana has resulted in roughly 8,000 users accounts being drained according to reports from a number of security firms.

Solana has drawn attention from crypto investors with its hockey stick growth over the last couple of years, but that will turn the heads of hackers looking to make an even quicker profit. Security firms are estimating that somewhere between $6-$8 million in Solana was drained from the accounts of these users over the last few days (via The Verge).

How did this happen?

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