Home » Jupiter Alerts Users to New Solana Wallet Scam

Jupiter Alerts Users to New Solana Wallet Scam

20.08.2024 19:30 1 min. read Alexander Stefanov
SHARE: SHARES
Jupiter Alerts Users to New Solana Wallet Scam

Jupiter, a decentralized exchange aggregator, has issued a warning about a new fraudulent browser extension that targets Solana users.

The extension, known as “Bull Checker,” poses as a tool to view memecoin holders but secretly steals funds from users’ wallets.

According to Jupiter’s research released on August 20, this malicious extension, available on Google Chrome, was designed to bypass detection. Once installed, it manipulates transactions to redirect funds from users’ wallets while appearing legitimate.

The extension’s request for extensive permissions, including “read and write” access, is a major red flag, as legitimate tools typically require only “read-only” permissions. Despite this warning, many users continued to use the extension, leading to stolen funds.

Jupiter confirmed that major Solana DApps and wallets are not compromised. This discovery comes in the wake of a $1 million exploit at the Cypher Protocol and a separate incident where over $100,000 was stolen from a Phantom Wallet during a presale event.

With over 8 years of experience in the cryptocurrency and blockchain industry, Alexander is a seasoned content creator and market analyst dedicated to making digital assets more accessible and understandable. He specializes in breaking down complex crypto trends, analyzing market movements, and producing insightful content aimed at educating both newcomers and seasoned investors. Alexander has built a reputation for delivering timely and accurate analysis, while keeping a close eye on regulatory developments, emerging technologies, and macroeconomic trends that shape the future of digital finance. His work is rooted in a passion for innovation and a firm belief that widespread education is key to accelerating global crypto adoption.

Telegram

SHARE: SHARES
More Crypto Crime News
No Comments yet!

Your Email address will not be published.