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SwissBorg Loses Over $41 Million in SOL Due to Hacker Attack
Summary: SwissBorg, a Switzerland-based crypto platform, announced on Monday that it suffered a hacker attack in its SOL Earn program, resulting in a loss of approximately 192,600 SOL tokens (worth $41.3 million) due to its staking partner's API being breached. The company clarified that this incident did not affect its own app or other Earn programs, ...
SwissBorg, a Switzerland-based crypto platform, announced on Monday that it suffered a hacker attack in its SOL Earn program, resulting in a loss of approximately 192,600 SOL tokens (worth $41.3 million) due to its staking partner's API being breached. The company clarified that this incident did not affect its own app or other Earn programs, and pledged to use its SOL treasury to help users recover most of the funds. SwissBorg has also collaborated with white-hat hackers and security partners to mitigate the losses as much as possible.
