SwissBorg Suffers $41 Million Loss Due to API Hack
SwissBorg has reported a significant loss of $41 million in Solana following a hack that compromised a third-party API. The breach affected approximately 1% of users and 2% of assets, raising concerns about security in the crypto space. Despite the incident, CEO Cyrus Fazel reassured users that the main application remains secure.
SwissBorg Suffers $41 Million Loss Due to API Hack
SwissBorg has reported a significant loss of $41 million in Solana following a hack that compromised a third-party API. The breach affected approximately 1% of users and 2% of assets, raising concerns about security in the crypto space. Despite the incident, CEO Cyrus Fazel reassured users that the main application remains secure.
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