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Ava Labs founder: The attack on Solana may be a supply chain attack

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Time:8/3/2022 2:55:19 AM

[Founder of Ava Labs: The attack on Solana may be a supply chain attack] According to news on August 3, Emin Gün Sirer, founder of Ava Labs, stated on social media that there have been more than 7,000 attacks on the Solana ecosystem. Wallets are affected and are growing at a rate of 20/min. He believes that because it's so early and the attacks are still ongoing, there's a lot of misinformation and speculation.

Since the transactions were signed correctly, the attackers likely had gained access to the private keys, he said. One possible avenue is a supply chain attack, where the JS library is hacked and leaks (steals) the user's private key. The affected wallets appear to have been created within the past 9 months, but there have also been reports of newly created wallets being affected as well. Stopping the chain currently will not help, the attack will resume when the chain is restored.

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