Solflare Crypto Wallet Enhances Security After Attacks on Crypto Exchanges
Solflare Crypto Wallet Enhances Security After Attacks on Crypto Exchanges
Solflare has introduced a 'bunker mode': access to infrastructure and code is restricted, and every change requires multiple approvals. Following the incident with a third-party staking provider, the company has extended the validator migration deadline to November 30 and promised to compensate for missed rewards from October 26 to November 1.
Solflare Suspends SOL Staking Rewards After Validator Key Loss
Solflare Suspends SOL Staking Rewards After Validator Key Loss
The Solana-based wallet Solflare has suspended SOL staking rewards after a third-party provider lost control of the validator keys. The team stated that user funds are unaffected, and the delegated stake remains in their own accounts. Solflare is preparing a compensation plan for migrating users.