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Solana staking bug forces contract migration
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Solana staking bug forces contract migration

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  • A smart contract bug in a Solana staking programme allowed an attacker to claim 25.5 SOL through an exploit.
  • Project operators said user deposits remain safe, but stakers must migrate to a new contract to resume earning yield.
  • The incident highlights ongoing security risks facing decentralised finance and staking applications.

Solana (CRYPTO:SOL) staking participants have been asked to migrate to a new contract after a smart contract bug allowed an attacker to improperly claim 25.5 SOL.

The issue was disclosed by the ORE project, which said the vulnerability affected staking operations but did not compromise user deposits.

“User deposits are safe, but migration is required,” the project said in its announcement.

The exploit interrupted yield generation for stakers, requiring users to move funds to a replacement contract before staking rewards can resume.

The incident has raised renewed attention on smart contract security within the Solana ecosystem, and following the announcement the Solana price reaction was not immediately disclosed.

Solana has become one of the largest blockchain networks for decentralised finance and staking due to its high transaction throughput and relatively low fees.

The latest bug follows a series of security incidents across the cryptocurrency industry that have highlighted the importance of contract audits, code reviews and ongoing monitoring of blockchain applications.

At the time of reporting, Solana price was $72.27.

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