Deep Tide TechFlow News, on January 7, Solv Protocol announced a security incident. The official Twitter account of Solv Protocol was hacked in the early morning of January 5, 2025, and a fraudulent Ethereum address was posted. The Solv team deleted the fraudulent post and issued a warning within 15 minutes, but some users still suffered losses.
Solv is cooperating with the security company SlowMist to investigate this incident and strengthen security measures to prevent similar issues from occurring in the future. Solv promises to fully compensate verified affected users if funds cannot be recovered. The Solv team sincerely apologizes for this incident and reiterates its commitment to transparency, security, and user trust. They also remind users of the importance of always verifying token addresses through official channels.