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Crypto & Bitcoin

Solflare Issues Urgency Alert After Security Incident: What SOL Stakers Need to Know

Reported by DailyCoin

Image: DailyCoin

Solflare, the non-custodial Solana wallet with roughly four million monthly active users, has temporarily halted staking rewards following a security incident at its third-party infrastructure provider. The wallet provider confirmed that user funds remain completely untouched. Solflare Validator Stops Producing Staking Rewards The wallet confirmed in an official release on X that its external staking provider reported a security incident affecting the keys used to operate the Solflare validator node. The investigation is ongoing; the validator has been taken offline and is currently unable to process transactions or generate staking yield.

This is an excerpt. The reporting belongs to DailyCoin.

Read the full report on dailycoin.com
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