Solana Wallet Solflare Plans Validator Migration After Provider Reports Key Incident
By Unchained
AI summary of the source article
Solflare announced its staking validator stopped producing rewards after a third-party provider reported a security incident affecting validator keys. The Solana wallet said user principal was unaffected and announced plans to migrate stake to a new validator.
Key facts
- A security incident at Solflare's third-party staking provider affected the keys held for the Solflare validator.
- User funds were not touched, but approximately 1.56 million delegated SOL stopped earning rewards as the validator became delinquent.
- Solflare is migrating to a new validator via an upcoming app update and is developing a compensation plan for migrating users.
Source excerpt · Unchained
Solflare says no user funds were touched, but rewards on the roughly 1.56 million SOL delegated to its validator are paused until stakers move to a new one. The post Solana Wallet Solflare Plans Validator Migration After Provider Reports Key Incident appeared first on Unchained .