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Backpack Wallet, Blockaid prevent $26.6M loss from DeFi attacks on Solana

Backpack Wallet has identified malicious actors targeting more than 5% of its users engaging with the Solana network. Over 71,000 malicious transactions were detected between June and September 2024, avoiding $26.6 million in potential losses for users. 

The transactions were identified through a partnership with security firm Blockaid, which scanned over 180 million transactions from Backpack’s users on Solana during the period.

Read More:

Backpack Wallet, Blockaid prevent $26.6M loss from DeFi attacks on Solana

Backpack Wallet has identified malicious actors targeting more than 5% of its users engaging with the Solana network. Over 71,000 malicious transactions were detected between June and September 2024, avoiding $26.6 million in potential losses for users. 

The transactions were identified through a partnership with security firm Blockaid, which scanned over 180 million transactions from Backpack’s users on Solana during the period.

Read More: https://cointelegraph.com/news/backpack-wallet-blockaid-prevent-26-6-m-loss-de-fi-attacks-solana