SwissBorg Hit by Solana Token Theft: API Vulnerability Leads to $41 Million Loss

A security breach impacting SwissBorg’s Solana token program has resulted in the theft of approximately 193,000 SOL tokens worth around $41 million. The attack, carried out against Kiln, a staking infrastructure provider for crypto platforms like Solana and Ethereum, involved hackers exploiting a vulnerability in Kiln’s API. This allowed them to manipulate requests and steal funds from SwissBorg’s Earn program.