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Blowfish exposes new ‘aqua, vanish’ bit-flip drainers on Solana

Press Releases Crypto News Crypto-News Blowfish exposes new ‘aqua, vanish’ bit-flip drainers on Solana

Web3 security company Blowfish recently detected a pair of sophisticated Solana (SOL) transaction drainers capable of executing elusive bit-flip attacks.

The firm’s Feb. 9 analysis details how these drainers — dubbed aqua and vanish — can alter a condition in on-chain data post-transaction signature by the user’s private key.

There’s a completely new breed of scams on the loose, and they’re not like anything we’ve seen before!

Imagine: a transaction that appears safe when you sign it, but the moment it’s submitted on chain, it suddenly drains your assets.

Sounds like a nightmare, doesn’t it? pic.twitter.com/VkD4Cbhnh0

— Blowfish (@blowfishxyz) February 9, 2024

These dangerous scripts lurking under the transactional radar are being peddled on the dark web, offering scammers a scam-as-a-service toolkit.

The Blowfish examination highlights the drainers’ adept use of the on-chain authority provided to decentralized apps (dapps), enabling them to switch from transaction facilitators to malicious account-draining entities.

According to the security firm, the troubling aspect of these attacks is their stealth; victims initially see valid transactions, which are then intercepted and manipulated by the attackers to extract cryptocurrency from the user’s account.

Such bit-flip attacks threaten transaction integrity by flipping bits in the encrypted data, altering the decrypted message without accessing the encryption key.

The discovery has cast a spotlight on the evolving cyber threat landscape within Solana’s network. This increasing threat is underscored by a Chainalysis report

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Author: Julius Mutunkei

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