Solana: The Most Frequently Hacked Cryptocurrency

Reza Pahlevi 04/08/2022 12:00 WIB

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The number of attacks against Solana is relatively low compared to major cryptocurrencies like Bitcoin and Ethereum.

Cryptocurrencies with the Most Hacks (August 3, 2022)

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Cryptocurrencies with the Most Hacks (August 3, 2022)

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The Solana blockchain platform and cryptocurrency experienced a hack on August 3, 2022. As many as 8,000 Solana hot wallets were affected by this hack, resulting in an estimated loss of US$8 million.

This is not the first time Solana has faced a hacker attack; previously, they also experienced bot spam and DDoS attacks. However, the number of attacks against Solana is relatively small compared to major cryptocurrencies like Bitcoin and Ethereum.

According to Comparitech records, Bitcoin has experienced 56 attacks since 2011. Ethereum follows with 41 attacks.

Tether experienced 13 hacking attacks, USD Coin 12 attacks, and XRP 10 attacks.

Comparitech recorded 354 cryptocurrency-related hacking attacks since 2011. The number of these attacks continues to increase each year.

Editor : Annissa Mutia

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."