Welcome to the Tech Mem Right Home for Wednesday, August 3rd, 2022. I'm Brian McCullough.

Today, now the hackers are stealing crypto from individual wallets at scale.

Robin Hood makes a massive layoff announcement,

why Combinator is shrinking its summer cohort,

I found an actual use case for NFTs and its college textbooks and you know an actual flying car

you could actually buy right now. Here's what you miss today in the world of Tech.

Groundhog Day, though you got to admit this one has a new twist.

An unknown attacker has been emptying individual Solana and USDC wallets. Sol scan says over 15,000

wallets have thus far been affected draining 4.46 million dollars

primarily in Seoul and USDC, Quoating to Krip.

The hack, which was still ongoing at 8 PM PST,

seemed to originate on the Salana browser wallet Phantom

and was believed to compromise user keys, possibly involving seed phrases that were reused among

wallets on different chains.

Over 5,000 Salana wallets have been drained in the past few hours blockchain audit firm Ottersec reported

earlier in the evening. These transactions are being signed by the actual owners, suggesting

some sort of private keyise, end quote.

Salana's status updates Twitter account

reported that 7,767 wallets have been affected

and noted that, quote, engineers are investigating

the root cause on Wednesday morning. A data dashboard tracking hacked

funds and wallet activity suggests a much higher figure, however. Engineers across the

...