Phantom, a crypto wallet on the Solana blockchain, has responded to a security researcher's claims of a vulnerability, stating that user funds are not at risk. However, the wallet did not provide further technical details or a timeline for addressing the issue. The dispute between Phantom and the researcher, known as @CloakdDev, became public on social media, with Cloakd expressing frustration over the lack of communication from Phantom's security team. Cloakd believes the vulnerability does put user funds at risk and advises users to consider alternative wallets. The situation has raised concerns among users about the balance between transparency and security for wallet providers.



Other News from Today