TechFlow news, September 9 — According to an official announcement, Swiss cryptocurrency platform SwissBorg suffered an attack on its SOL Earn Program due to a compromised partner API, resulting in the loss of approximately 192,600 SOL (about $41.3 million). The company stated it will use its SOL reserves to help users recover most of their balances. Security measures have been implemented, including suspending related redemptions, and SwissBorg has collaborated with white-hat hackers and security teams to attempt recovery of the stolen funds. This incident has not affected other Earn programs or funds within the SwissBorg app.
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