The week in crypto: Solana wallets hacked, Eth Classic revived, Punks gone glam — Aug 8, 2022

Wallet hacks: is Solana dead?

On August 2nd, thousands Solana users started to find their wallet empty! It took 24 hours to identify the source of this attack: the Solana focused wallet Slope had been sending its users’ private keys in plain text to one of its servers. Yes, in plain text = not encrypted!

The hackers were able to gain access to the server and started draining the corresponding accounts one by one. So far it looks…