NullTrace
PH
HIGHSolanaOwner Permission PhishingMONITORING

Solana Phishing Wave

Phishing transactions abused Solana owner reassignment, giving attacker-controlled programs delayed control over victim accounts.

Loss

$3M+

Risk

User-level persistent control risk

Confidence

94%

Instant Forensic Report · x402 on Solana

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Pay once with SOL via x402 — the machine-to-machine payment protocol on Solana. Full wallet trace, fund flow graph, exploit PoC, and PDF export unlocked instantly.

HTTP 402 · x402 Protocol
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x402 · HTTP 402 payment required · Solana Mainnet · Demo mode

AI Generated Breakdown

Reporter Agent synthesis with forensic confidence scoring

Attack explanation

Victims signed deceptive transactions disguised as approvals, mints, or DApp interactions. The transaction silently reassigned account owner permissions to an attacker-controlled program.

Root cause analysis

Wallet UX did not make owner reassignment risk obvious enough before signing, and users could approve dangerous native-account changes without clear simulation.

94

confidence score

User-level persistent control risk

Wallet Flow Visualization

Attacker path, bridge transfers, token drains, mixer usage

interactive graph

Technical Breakdown

Attack vector

Owner permission reassignment through deceptive wallet signing

Vulnerability

Legitimate Solana account ownership mechanics abused by phishing flows

Affected contracts

Victim token accountsAttacker owner programWallet signing UXDeFi positions

Mitigation suggestions

Show owner reassignment warnings in wallet simulation
Block or require hardware approval for account-owner changes
Monitor delayed drains after suspicious permission changes

Emergency Bridge

Move funds off Solana

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From (at risk)

Solana

Bridge to

Best Route via LI.FI

SolanaEthereum

Mayan Swift • Across • Glacis aggregated

Est. Fee

~$0.50

Open LI.FI Bridge

60+ chains · gasless swaps on Solana · Jito bundles

60+

Chains

$2B+

Volume

20+

Bridges

Exploit Timeline

00:00

Suspicious activity begins

NullTrace Scout Agent detects abnormal account, wallet, or market behavior.

00:19

Exploit pattern classified

Analyst Agent matches the activity against known Web3 attack signatures.

00:41

Funds movement traced

Forensics Agent clusters wallets, bridge routes, exchange hops, and mixer exposure.

01:12

Related posts monitored

Reporter Agent collects researcher warnings and suppresses unverified claims.

03:48

Response tracked

Protocol actions, freezes, recovery updates, and public statements are added to the dossier.

Related Tweets

Demo X/Twitter integration for researcher posts, warnings, and fake-info checks

related tweets demo scan

NullTrace links social posts to the incident by contract mentions, protocol name, researcher credibility, and fake-loss detection tags.

SlowMist Research

@slowmist_team · 2m

Warning

Solana account permission changes need clear wallet simulation. Users should inspect owner reassignment instructions before signing.

NullTrace Intel

@nulltrace_ai · 4m

Confirmation

On-chain behavior and public reports are aligned. Confidence raised after wallet clusters matched the incident pattern.

Maya Chen

@maya_sec · 7m

Researcher

The important signal is not only the drain. Watch the staging wallets and the small test transactions before the main move.

Rumor Watch

@intel_filter · 10m

Fake Info Flag

Unverified recovery claims are circulating. No confirmed full recovery unless the protocol or tracked wallet flows support it.

suppressed by misinformation filter

SlowMist Research

@slowmist_team · 2m

Warning

Solana account permission changes need clear wallet simulation. Users should inspect owner reassignment instructions before signing.

NullTrace Intel

@nulltrace_ai · 4m

Confirmation

On-chain behavior and public reports are aligned. Confidence raised after wallet clusters matched the incident pattern.

Maya Chen

@maya_sec · 7m

Researcher

The important signal is not only the drain. Watch the staging wallets and the small test transactions before the main move.

Rumor Watch

@intel_filter · 10m

Fake Info Flag

Unverified recovery claims are circulating. No confirmed full recovery unless the protocol or tracked wallet flows support it.

suppressed by misinformation filter

AI Voice Briefing

Generated incident narration for security leadership

briefing ready · 00:58 · analyst-grade summary