Was slope wallet hacked?

Slope Wallet has been identified as the conduit of yesterday’s Solana hack The project admitted that “a cohort” of its wallets was affected Solana said that all ransacked addresses had some form of contact with Slope Wallet

What happened to Solana wallet slope?

ecosystem revealed that Solana wallet Slope was to blame. What Happened: The root cause of the attack was due to an accidental leak of users’ private keys from Slope wallets' backend, Solana Status said on Wednesday. This exploit was isolated to one wallet on Solana, and hardware wallets used by Slope remain secure.

How has slope wallet scaled?

As a mobile wallet with 600,000+ users, Slope wallet has scaled rapidly in just six months, thanks to the investment of early backers and the opportunities offered by the Solana ecosystem.

What happened to mobile wallets?

For instance, PayU acquired Citrus Payments, Flipkart took over the payments app, PhonePe, while Shopclues acquired Momoe, the mobile wallet for offline stores. Lack of funding and growth in transactions between merchants and existing customers of wallet companies has forced consolidation in this space.