On-chain researcher ZachXBT reports that Switzerland-based cryptocurrency platform SwissBorg experienced a security incident on its Solana network, resulting in the theft of approximately 192,600 SOL (approximately $41.5 million). SwissBorg explained that the incident was caused by a vulnerability in its partner API provider, Kiln, and only affected the SOL Earn 0 platform confirmed that approximately 193,000 SOL were stolen in 1 News: An Almost Impossible Event Occurred in Bitcoin: Solo Miner Mined a BTC Block with a Single Device - Here's How Much Money He Made According to the company's statement: The SwissBorg app and other Earn programs were not affected by this incident.
SwissBorg's own SOL treasury will be deployed to compensate for the losses of the majority of 2 are underway to recover the stolen funds, in collaboration with white hat hackers and their security 3 also stated that affected users will be contacted via email and provided detailed 4 platform maintained that its financial health is strong and daily operations have not been 5 Cyrus Fazel will be livestreaming on YouTube today to connect directly with the community. *This is not investment 6 Reading: Major Hacking Incident Occurs: Large Amount of Solana (SOL) Stolen – Here Are the Details
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