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The advice is to disconnect from Solana dapps and swap your SOL for different currencies<\/h2>\n

On August 3rd, in what was an unusual episode, the blockchain community watched in real-time as Solana wallets were drained of their assets. Thousands of wallets were attacked and millions of dollars were stolen. For a moment, people were powerless to stop it. And now experts need to find out what happened.<\/strong><\/p>\n

Summary<\/strong><\/p>\n

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• No one is quite sure what\u2019s happened so good advice is difficult to find and give. All users can do two things immediately to protect their assets: disconnect your Solana wallet from all dapps. Swap your SOL for another token.<\/em><\/strong><\/li>\n
• SOL price drops and TVL on Solana goes down in the wake of the exploit.<\/em><\/strong><\/li>\n
• Overall, it seems the damage will be limited and now engineers and security experts will need to uncover the vulnerabilities.<\/em><\/strong><\/li>\n<\/ul>\n

  What\u2019s happened?<\/h2>\n

  No one is exactly sure what\u2019s happened yet. What we do know is that on Tuesday evening (August 2nd), users began reporting the SOL in their hot wallets was disappearing. Hot wallets are connected to the internet, as opposed to Cold hardware wallets. Users are being advised to move their SOL to the latter.<\/p>\n

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