Daily Crunch: Unknown hacker drains millions of dollars from thousands of Solana hot wallets
By Editor - Wed Aug 03, 3:19 pm
To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here . Christine is back from a week of making the world a better place, and now she’s here to help make this a better newsletter as well. Huzzah! — Christine and Haje The TechCrunch Top 3 Where there was once sunshine has now faded to darkness : Thousands of Solana users found their wallets were drained of collectively around $8 million, Rita and Carly write. The hack is only affecting “hot” wallets, the pair report. Industry experts say this may have been a privacy key compromise. We’re sure there will be more on this later. Ping finds itself in familiar territory : Ping Identity, a public enterprise identity management firm, has agreed to be acquired by the private equity firm Thoma Bravo, Ingrid reports.