Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
Home»TRADING NEWS»New Solana Drain Detection: Puffer Fish Analysis
TRADING NEWS

New Solana Drain Detection: Puffer Fish Analysis

By Crypto FlexsFebruary 12, 20242 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
New Solana Drain Detection: Puffer Fish Analysis
Share
Facebook Twitter LinkedIn Pinterest Email

Web3 security company Blowfish has identified two new Solana drainers capable of performing bit-flip attacks, as revealed in a February 9 analysis shared by X. These drainers, called ‘Aqua’ and ‘Vanish’, have been observed to modify internal conditions. On-chain data remains available even after a user signs a transaction with their private key.

Fraud market as a service

These drainer scripts are available for a fee on the Fraud-as-a-Service marketplace, allowing malicious actors to exploit vulnerabilities in the Solana ecosystem. Blowfish’s analysis highlights the methods these exfiltrating devices use to siphon off data and funds, and highlights how easily they can avoid detection.

Bitflip attack description

Bit-flip attacks involve changing the value of specific bits in encrypted data in order to manipulate the system. This exploit allows attackers to modify encrypted messages without knowing the encryption key, potentially leading to unauthorized access or theft of sensitive information.

Increasing threats to the Solana ecosystem

In the Solana ecosystem, there has been a surge in cryptocurrency leakers targeting user assets. Chainalysis reported a significant increase in the number of communities dedicated to Solana wallet drainers, indicating that these attacks are becoming increasingly sophisticated. Brian Carter, Senior Intelligence Analyst at Chainalytic, highlights the versatility of the most successful drainer kits targeting different assets.

puffer fish reaction

Blowfish has taken proactive steps to counter these new threats, implementing defenses that automatically block identified drains and actively monitor on-chain activity. Their efforts are aimed at protecting users and maintaining the integrity of the Solana network amid evolving security challenges.

conclusion

The emergence of the new Solana drainer highlights the ongoing battle against malicious actors in the cryptocurrency industry. As the threat landscape evolves, collaboration between security companies, blockchain projects, and regulators becomes increasingly important to protect users and maintain trust in the decentralized ecosystem.

A whole new type of scam is emerging and it’s unlike anything you’ve ever seen before!

Imagine a transaction that appears secure when signed, but suddenly depletes its assets the moment it is submitted to the chain.

Doesn’t that sound like a nightmare? pic.twitter.com/VkD4Cbhnh0

— Blowfish (@blowfishxyz) February 9, 2024

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Circle is looking for a US Trust Bank Charter for USDC Reserve Management.

July 1, 2025

What should I do with encryption?

June 30, 2025

Last Opportunity-The bonus stage of the light chain AI begins after closing all 15 pre-sales stages.

June 29, 2025
Add A Comment

Comments are closed.

Recent Posts

$ 90m NOBITEX HACK: Fault by layer

July 1, 2025

Block3 Unveils Prompt-To-Game AI Engine As Presale Launches

July 1, 2025

$70M Committed To Boba Network As Foundation Concludes BOBA Token Agreement With FTX Recovery Trust

July 1, 2025

Limitless Raise $4m Strategic Funding, Launch Points Ahead Of TGE

July 1, 2025

Take Advantage Of BJMining’s Passive Income Opportunities As The XRP Ecosystem Rises

July 1, 2025

Circle is looking for a US Trust Bank Charter for USDC Reserve Management.

July 1, 2025

Hyra Network Honored As “Technology Startup Of The Year” At The 2025 Globee® Awards

July 1, 2025

Shheikh.io Launches SHHEIKH Token Presale For Blockchain-Backed Real‑World Asset Investments

June 30, 2025

What should I do with encryption?

June 30, 2025

AAS Miner Will Become The Top Free Cloud Mining Platform For Passive Income From Mining Cryptocurrencies Such As BTC And ETH In 2025

June 30, 2025

Bitcoin is integrated into less than $ 108,000, but the eyes are set for $ 115,000.

June 29, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

$ 90m NOBITEX HACK: Fault by layer

July 1, 2025

Block3 Unveils Prompt-To-Game AI Engine As Presale Launches

July 1, 2025

$70M Committed To Boba Network As Foundation Concludes BOBA Token Agreement With FTX Recovery Trust

July 1, 2025
Most Popular

Bitcoin ‘Diamond Hand’ selling risk outpaced ETF inflows of $98,000.

November 21, 2024

PancakeSwap (CAKE) launches V4 with $3 million CAKE airdrop to strengthen DeFi ecosystem

March 12, 2024

Market Outlook #257 – Altcoin Trader’s Blog

February 26, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.