Bitcoin
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$61,916.00 0.10125
Bitcoin price
Ethereum
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$2,416.35 0.74762
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BNB
BNB (BNB)
$562.35 1.51729
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$142.87 0.7846
Solana price
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$0.529915 0.46867
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$0.0000205 -2.16161
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Bitcoin
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$61,916.00 0.10125
Bitcoin price
Ethereum
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$2,416.35 0.74762
Ethereum price
BNB
BNB (BNB)
$562.35 1.51729
BNB price
Solana
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$142.87 0.7846
Solana price
XRP
XRP (XRP)
$0.529915 0.46867
XRP price
Shiba Inu
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$0.0000173 -0.0634
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000093 1.67829
Pepe price
Bonk
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$0.0000205 -2.16161
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Bitcoin
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$61,916.00 0.10125
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$2,416.35 0.74762
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BNB
BNB (BNB)
$562.35 1.51729
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Solana
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$142.87 0.7846
Solana price
XRP
XRP (XRP)
$0.529915 0.46867
XRP price
Shiba Inu
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$0.0000173 -0.0634
Shiba Inu price
Pepe
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$0.0000093 1.67829
Pepe price
Bonk
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$0.0000205 -2.16161
Bonk price
Bitcoin
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$61,916.00 0.10125
Bitcoin price
Ethereum
Ethereum (ETH)
$2,416.35 0.74762
Ethereum price
BNB
BNB (BNB)
$562.35 1.51729
BNB price
Solana
Solana (SOL)
$142.87 0.7846
Solana price
XRP
XRP (XRP)
$0.529915 0.46867
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000173 -0.0634
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000093 1.67829
Pepe price
Bonk
Bonk (BONK)
$0.0000205 -2.16161
Bonk price

Solana users urged to revoke app permissions amid massive drain attack

solana-users-urged-to-revoke-app-permissions-amid-massive-drain-attack
Edited by
News
Solana users urged to revoke app permissions amid massive drain attack

Solana is allegedly facing large-scale drain attacks tied to meme coins, with developers urging users to secure assets by revoking app permissions.

The Solana ecosystem is allegedly grappling with a wave of drain attacks, leading to numerous reports of financial losses due to unauthorized access. Blockchain developers have urged users on X to revoke their permissions from decentralized applications in an effort to isolate their funds from potential exploitation by malicious actors.

Although the precise origin of the attack remains unclear, some have implicated BONKbot, a Telegram trading bot operating within the Solana network, as a potential catalyst for the breach. However, developers associated with the project have denied any accusations, while admitting that the “exploits” have indeed surfaced within the broader ecosystem.

According to statements from the BONKbot team, victims whose wallets were compromised had previously exported their private keys. The team also emphasized that users who refrained from such actions remain unaffected, asserting that “BONKbot users who did not export their keys are SAFE.”

This incident is not the first instance of the Solana ecosystem facing a significant drain attack. In October 2022, crypto.news reported on a large-scale exploit in the ecosystem that impacted thousands of users, amounting to over $5 million in total losses. The incident purportedly originated from Slope Finance, with numerous affected addresses linked to its creation, importation, or utilization within the mobile wallet application.