![]() We would like to focus your attention on one crucial point:Īll accounts involved in the processing of a transaction need to be validated. Wormhole Hack: key lesson learnedĪ detailed analysis of the Wormhole hack you can find in this Twitter thread. But, without any doubt, Wormhole might have prevented the incident by auditing the instruments it used. Unlikely that Solana actively communicates with the projects that use this instrument”.īased on this comment, we can see that security is always a shared responsibility. Considering a high level of transparency in blockchain, by introducing the update, Solana demonstrated to the whole blockchain community the vulnerabilities of its instrument. Solana has not instructed projects on how to safely use it. Although projects hold full responsibility for the security of assets at their disposal, Solana may be also blamed for providing the instrument with security flaws to its projects. Hacken lead smart contracts auditor Evgeniy Bezuglyi agrees with the comment made by Dyma Budorin: “The Wormhole case is just the beginning of real bombing targeting non-Ethereum protocols. ![]() As we can see, not all projects have paid enough attention to security.ĭyma Budorin discussing the future of Solana (growth and risks) Namely, we shared our security concerns during the recent Solana Breakpoint event that took place in November 2021. Hacken team has warned the global community numerous times of the security risks attributable to major non-Ethereum protocols including Solana. It’s just a matter of time when other big protocols experience severe attacks”.Īccording to Dyma, security audits and pentests are the only tools to mitigate the risk of future attacks. Hacken CEO Dyma Budorin commented on the hack: “Wormhole incident is the first big hack of non-Ethereum protocols. The Wormhole team has restored all funds. It is the biggest hack in 2022 and the second biggest DeFi hack in history. The project’s team has already addressed the vulnerability stating that users’ assets are in safety. Wormhole is the bridge between Solana and other DeFi networks. It’s just the first explosion, vulnerabilities in blockchain protocols will soon result in a series of mega hacks, Solana at the greatest risk. ![]() Malicious actors have stolen $320M in ETH. The global blockchain community is shocked by the recent Wormhole hack. 1.1 For more information about Hacken and recent news/updates/researches, please refer to these channels: ![]()
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