Connect with us
Active Currencies 16229
Market Cap $3,494,094,063,119.20
Bitcoin Share 54.95%
24h Market Cap Change $-3.33

Solana Saga phones at risk of hacks: CertiK

2min Read

Web3 security firm CertiK discovers a loophole with Solana Saga smartphones, which allows hackers to steal owner’s crypto funds.

Share this article

  • The issue revolved around a bootloader vulnerability.
  • It wasn’t clear if the issue impacted just Solana Saga or other Android devices as well.

Blockchain security firm CertiK flagged a major vulnerability in Solana’s [SOL] Saga smartphones, which allowed hackers to drain users’ crypto assets.

Solana Saga, sensitive to hacks?

CertiK posted a video on social platform X (formerly Twitter), in which it discussed the details of the hack. Notably, the issue revolved around a bootloader vulnerability. This allowed a user with physical access to the phone to install a backdoor.

In cybersecurity, a backdoor is a method by which users bypass existing security systems to gain high-level access.

Once the device is backdoored, hackers may be able to unlock the bootloader. For the uninitiated, the bootloader is the software that loads the operating system at the start on Android devices.

A screenshot from CertiK’s video showed a warning on the Solana phone. This warning is an indication that the device is hacked.

Source: CertiK

The video then went on to explain how attackers might steal the phone owner’s crypto assets after gaining unauthorized access. CertiK termed the vulnerability as a:

“Challenge not just for this device but for the entire industry.”

Accusations were inconclusive

However, as of this writing, it wasn’t clear whether the highlighted issue impacted just Solana Saga or other Android devices as well.

AMBCrypto dug deeper and discovered that most Android devices come with a locked bootloader. However, a software command or help from the device manufacturer could unlock it. In other cases, they can only be unlocked through a software exploit.


Is your portfolio green? Check out the SOL Profit Calculator


While CertiK’s analysis caused anxiety, a section of users dismissed the findings. An X user with the pseudonym ‘peachmint’ said that bootloader unlocking was a standard feature in many Android devices.

 

Launched in April, Solana Saga is a Web3-focused Android smartphone, designed to make transacting and managing crypto assets easier. Solana cut the price of the flagship product by 40% earlier, terming it as the:

“Next step to get wider adoption of mobile Web3.”

Share

Aniket is a full-time journalist at AMB Crypto. With experience in news publishing and content management, he is now increasingly tangled up in the web of cryptocurrencies and blockchains. His focus lies on the intersection between cryptos and traditional finance. He prefers DC over Marvel, cats over dogs and Hyderabadi Biryani over Kolkata Biryani.
Read the best crypto stories of the day in less than 5 minutes
Subscribe to get it daily in your inbox.
Please check the format of your first name and/or email address.

Thank you for subscribing to Unhashed.