Attackers have made away with $320 million from Solana after exploiting a vulnerability in its Wormhole bridge.
The news adds to the woes over multiple network outages, raising doubt in its potential as an “Ethereum killer.”
It’s the second month of 2022 and Solana (SOL) is already experiencing its third major hiccup. Just yesterday, hacker(s) exploited the network’s Wormhole bridge that connects Solana to Ethereum. The attacker(s) made away with 120,000 wrapped Ethereum (wETH) tokens, worth about $320 million at the time.
The Wormhole interoperability protocol assured users that ETH would be added to ensure the wrapped variant was fully backed on the bridge. At writing time, the protocol’s latest update was that the glitch had been fixed and that it was working on optimizing network functionalities.
Solana Wormhole hacked for $320M
According to paradigm security researcher “samczsun,” the attacker either had access to the bridge’s private keys or exploited the bridg
