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Solana Trading Bot Hacked for Nearly $1M, 49 Wallets Drained

Published Source: Bitcoin.com NewsRead original

Crypto Insight Summary: Bloom Trading lost nearly $1 million in a security breach that drained 49 cryptocurrency wallets belonging to just nine users. The attacker exploited a software vulnerability, yet the company insists no private keys were stolen and promises full reimbursement. Hacker Drains 9,408 SOL Through Third-Party Vulnerability Bloom, a Telegram-based cryptocurrency trading bot supporting Solana and […] Crypto Insight Analysis: Direction: Bearish SOL Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Security breach undermines trust in Solana ecosystem, but limited to specific platform.

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Solana Trading Bot Hacked for Nearly $1M, 49 Wallets Drained — Crypto Insight