Blockchain auditing firms are still trying to figure out how hackers gained access to about 8,000 private keys used to drain Solana-based wallets.
Investigations are ongoing after attackers managed to steal some $5 million worth of SOL and SPL tokens on Aug. 3. Ecosystem participants and security firms are assisting in uncovering the intricacies of the event.
Solana has worked closely with Phantom and Slope.Finance, the two SOL wallet providers that had user accounts affected by the exploits. It has since emerged that some of the private keys that were compromised were directly tied to Slope.
Blockchain audit and security firms Otter Security and SlowMist assisted in ongoing investigations and unpacked their findings in direct correspondence with Cointelegraph.
Otter Security founder Robert Chen shared insights from