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    Solana Crypto Hack Exposed



    #Solana #Layer1 #Security #SolanaHack #Phantom #Slope #therealstory
    DISCLAIMER:  The information contained in this video is for informational and educational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinion(s) of the speaker who is not a licensed financial advisor or registered investment advisor. Trading equities or cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.
    00:00 Introduction
    00:40 Solana Hacked… or was it?
    01:00 Time to Jump to Conclusions
    01:10 Solana Hack Made Mainstream Media
    01:20 Optics are Not Good
    01:41 Real Story
    02:00 Post from Last Nite
    02:43 Solana the L1 was not Hacked
    03:13 Scale of Hack $4M, 9Kw, over in 50 mins
    04:00 Phantom Response
    04:18 What is Slope???
    04:39 Mobile Gateway aka Bridge
    05:00 Cannot Say You Were Not Warned!
    05:33 The Real Skinny
    05:47 Slope Is the Issue
    06:20 Seems to be Mobile Only Wallets Affected
    06:41 Watch For Malware
    07:02 Lessons
    07:20 Lockdown Your Seed
    08:00 Don’t Jump the Gun! Wait for Facts.
    08:24 Avoid Tribalism
    08:30 The Knives Come Out
    09:01 DYOR Choose Best Investment For YOU!
    09:20 Price of Solana

    View 26 Comments

    26 Comments

    1. Bel Guitars on

      Hey James, also I never post comments, I wanted you to know that you have changed my life with regards financial literacy and mindset change!! I discovered crypto and you in Nov ‘21 and I watch you EVERYDAY with out fail and you drive me forward with my dreams of financial freedom… which I didn’t dare dream before and was only focused on being a good hamster in the race race.. you have opened my eyes!!!! Thanks again for impacting my life in such a visceral and positive matter, you are true gentleman and legend!!

    2. SFJess717 on

      Yes!!! PLEASE do a deep dive into wallets and security. Basics. We all need to learn and/or be reminded on an ongoing basis. Thank you so much!!!

    3. ZipperSniper on

      Thanks for the video James…I’m very saddened today as this is the first I heard of the hack. Checked my phantom wallet and it’s ALL gone…I’m starting to lose confidence in this space big time. I’m the classic guy that got into crypto just before the ATH ‘21, got smothered out of Luna, duped by Celcius and now, with all that fear I took my SOL off exchanges and put it all on Phantom because I can’t put it on my Trezor and now I’ve lost all of that too! I know there’s nothing anyone can do but just feeling really down and discouraged and needed to vent. You’ve been awesome in all that you do so thanks for that but I really need to start thinking about exiting the crypto space…I’ve just lost sooo much $$.
      Keep up the great work good sir, the community needs you…I’m just weighing out if it’s worth me being a part of it.

    5. Carl Poppa on

      While I agree with James on most topics, I strongly disagree with his opinion of Solana. Three different wallets were involved in this hack. So that leaves me with a strong suspicion that the problem is on Solanas end. But besides that, Solana is a centralized crypto. Don't believe me? Look into how much money it takes to be a validator. This is why there are so few. It boils down to the scalability trilemma. Sure Solana has fast tps but it comes at cost. I wouldn't buy one penny of it.

    6. BigMAWman on

      Hey James, can you do a step by step for what Celsius users should be doing as of now? Can't get any clear info on whether or not I should act yet

    9. JBoy on

      Hey James, please do a video on good practices for seed phrases. How to back up, where to store etc. Thank for all your amazing content! God Bless

    11. Ethan Kersat on

      I’d like the Phantom wallet video! Would help just to make sure I’m being as secure as possible. I’m starting a new wallet now just because of the scare from yesterday

    12. Zenfulway on

      Hey, brother, just revently found your channel (I'm very picky) and have enjoyed the content on the few that I have watched so far and wanted to say thank you for what apperas to be a straightforward, honest and genuine approach to presenting…..so thanks! It's refreshing to find someone like you in this crazy space!

    14. Kratos Spartan on

      Hey James,thats why Cardano takes it time!!!!Solana that you support has been hacked many times!!Who is laughing now Irish boy?(Red flag my ass)when Charles said many times that ada is for the long term!!

    18. W S on

      I love how authentic this channel is. The information is always on point not like the majority of crypto channels out there who are just spreading FUD for click bait.

    20. Andi J on

      JAYCYBERTECHIES was great and discreet; Its not easy what he do. He's pretty much THE guy to have handle stuff like this. Cant say enough good things

    21. Andi J on

      JAYCYBERTECHIES was great and discreet; Its not easy what he do. He's pretty much THE guy to have handle stuff like this. Cant say enough good things

    26. Thomas Koppensteiner on

      OMG what is going on there?!? It’s about a mobile wallet, but the phrase was transferred to the servers! Why do the servers need it in the first place? Also why was it logged?

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