What we know:
The seed phrases generated by Slope wallets were compromised.
What you should do:
If you’ve been using the Slope wallet, then you need to take action. Consider your wallet compromised. DO NOT import the seed phrase into another wallet and re-use it.
Solana itself had nothing to do with this. They’ve had their fair share of issues before, but this isn’t one.
Wallet providers can be incompetent. Slope wasn’t some shady operation. It was backed by Jump, #Alameda, #Solana Ventures, and others.
Significant sums of money should be secured through a hardware wallet.
What if you had your tokens stolen? Is there any chance of getting compensated? Highly doubtful!
The private keys were compromised. It’s impossible for Slope to figure out who owns which wallet.
Of all the new blockchains to emerge over the year post #ethereum launch
It seems to me #SOL is one that has legs and will continue on it’s growth and very likely imo to achieve some sort actual mainstream adoption …
Is it the best, most decentralized #crypto? NOPE…
Is #FUD high and does it receive hate from #ETH maxi’s. YES
Some of the best trades are when these similar conditions present themselves to us, as investors.