SwissBorg Solana Hack Leaves Users Out $41 Million

A significant security breach has affected the SwissBorg cryptocurrency app, resulting in approximately $41.5 million in stolen funds from its Solana Earn product. The attack exploited an integration provided by Kiln, a partner responsible for SwissBorg’s staking infrastructure. Blockchain investigator ZachXBT first detected and traced the flow of funds on-chain. Following confirmation from SwissBorg, they assured customers that the exploit was contained to the affected program only, with no spillover into core apps or other yield offerings.