Solana-Based Sanctum Protocol Announces A Major Security Breach

Sanctum Protocol, a key player in the Solana ecosystem, has announced a significant security breach.

Hey folks, this is a very important announcement – we don’t have the domain https://t.co/hJ4Ta398Ay anymore, and it’s come to our knowledge a random entity has taken control of it, and it’s likely now a scam/phishing website

Please do not access the website or use it!

— sanctum (@sanctumso) July 30, 2024

The protocol, known for its liquid staking services, has lost control of its primary domain, unstake.it, to an unidentified party.

This incident raises concerns about potential phishing and scam risks for users.

The protocol has issued a warning to avoid interacting with the compromised domain and has urged users to revoke any permissions previously granted to the site.

Efforts are underway to blacklist the domain and prevent further damage.

The breach follows recent criticism of Sanctum’s CLOUD token airdrop strategy, which aimed to reward long-term commitment but led to community dissatisfaction.

The project’s co-founder acknowledged that while some goals were achieved, the airdrop fell short of fostering positive community engagement.

Disclaimer: The information provided is not trading advice. Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.