Crypto exchanges will improve security of users after the Solana hack

by in Cryptocurrency News


Last Wednesday, another Solana blockchain hack became known. The exact amount of the stolen funds is still being specified, but according to experts, the attackers could transfer tokens from hot wallets with a total value of at least $6 million.

More than $1 million worth of digital assets became the booty of hackers.

After the first reports of a network hack emerged, CEOs of the largest cryptocurrency exchanges Changpeng Zhao of Binance, Jonny Liu of KuCoin, and Jay Hao of OKX urged investors to withdraw funds to offline wallets or centralized platforms as soon as possible.

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In addition, all three trading platforms promised to strengthen control over the security of users. More than 7,000 wallets have withdrawn funds in SOL and blockchain-deployed tokens, according to Changpeng Zhao.

The CEO of Binance promised that the funds of the users of his exchange are completely safe, and she is ready to accept new Solana investors.

A similar announcement was made via social media by another major exchange, KuCoin. In addition, she blocked suspicious addresses at the request of the developers of the Solana network.