Thu, September 12

Malicious Chrome Extension Uncovered Targeting Solana Users

Bull Checker / Solana Market News
  • A fraudulent Chrome extension “Bull Checker” is found targetting Solana users.
  • The US SEC has delayed the approval of the Solana ETF, leading to the removal of 19b-4 forms.

Solana users have been put on high alert following the discovery of a malicious Chrome extension named “Bull Checker.” This fraudulent extension, pretending to be a helpful tool for crypto traders, has been found to target Solana users. Specifically putting their digital assets at risk.

Meow, the pseudonymous founder of Jupiter, made an official post on X. Security researchers uncovered that the “Bull Checker” extension, once installed, gains access to users’ private keys and seed phrases. With this sensitive information, cybercriminals can easily drain victims’ wallets, potentially resulting in significant financial losses. The users affected by this have installed this extension becoming the main reason for the scam.

The “Bull Checker” extension reportedly advertised itself as a tool to help users track their Solana investments and market trends. However, its true purpose was far more sinister. Once installed, the extension would monitor users’ activities on Solana-related websites and crypto exchanges. This extension had permission to read and change all the data on the website. It harvests valuable data and transmits it to the attackers.

Jupiter advised Solana users to immediately check their browser extensions and remove “Bull Checker” if found. Additionally, users who may have installed this extension should take immediate action to secure their funds by transferring them to a new, secure wallet.

SEC Delays Solana ETF Approval

The SEC has delayed approval for the Solana ETF, citing concerns about the cryptocurrency’s security status. This has led to the removal of the related 19b-4 forms from CBOE’s website. Additionally, 21Shares’ S-1 registration statement and the forms are no longer visible in the SEC’s EDGAR system or the BZX Pending Rule Changes.

Both applications initially filed on July 8, had yet to receive Notices of Filing from the SEC. This delay signals ongoing regulatory uncertainty surrounding the approval of cryptocurrency ETFs, highlighting the challenges faced by issuers in navigating the complex regulatory environment.

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