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Solana Proposes Removing Transaction Feature Exploited in $270 Million Drift Hack

(3 hours ago) · 1 source · Summarized by CryptoBipto

Solana is moving to remove a transaction feature that was exploited in the $270 million hack of Drift, a decentralized exchange built on the Solana blockchain. The proposed change aims to eliminate a vulnerability that enabled the attack. Details on the specific feature and the timeline for the change are still emerging.

WHY IT MATTERS

When you use a blockchain like Solana, your transactions rely on built-in features of the network, similar to how apps on your phone rely on features of the operating system.

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SOURCES

  • coindesk.com

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