Solflare says a security incident at its staking provider affected keys held for the Solflare validator, which is being investigated and is currently not producing rewards. The company states no user funds were touched, since delegated stake sits in users' own stake accounts and the Solana protocol prevents validators from moving it. Solflare is moving to a new validator and says stake will migrate via an upcoming app update with a guided path, requiring no action now. Rewards stay paused until stake is active on the new validator, and a compensation plan is being prepared. Migration will only occur through the app; the firm warns it will never DM users or send links.

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15 accounts

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Leviathan +2.9 h later

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+0.3% 24h after post

$101.34 → $101.69
BTC +0.1% same window
Elfa measured +0.2% 1d · still measuring

Thread · 1 event
  1. First reportSolflare staking provider key incident pauses validator rewards, with no user funds lost15 acc.
  2. Leviathan published this article

All times UTC.

Cited posts

  • @vidor_solflare Vidor | SolflareOn X ↗

    Okay chat, shitty situation, but no user funds lost. Marketing is asleep so I wrote this one myself; don’t hold it against me, I’d rather be early and transparent than polished. Our validator’s operator lost control of the validator’s keys. Solana is built for exactly this:… https://t.co/zruFUDFz77

  • @SolanaFloorOn X ↗

    🚨ALERT: @solflare says a security incident at its staking provider affected the keys held for its validator, which is currently not producing staking rewards. The wallet says no user funds were touched. Delegated $SOL stays in users’ own stake accounts and is controlled by…

  • @solflare Solflare - The Solana WalletFirst reportOn X ↗

    Update on Solflare SOL staking Our staking provider has notified us of a security incident on their side, affecting the keys they hold for the Solflare validator. They are investigating. As a result, the Solflare validator is currently not producing rewards. Your SOL is safe.…

Show 3 more cited posts
  • @CointelegraphOn X ↗

    🚨 ALERT: Solflare’s validator has stopped producing SOL staking rewards after a security incident at its staking provider affected the validator keys, though the wallet says user funds are safe.

  • @TheBlockCo The BlockOn X ↗

    THE BLOCK: Solflare said its staking provider has experienced a security breach, affecting the keys they hold for the Solflare validator. The Solana self-custody wallet platform said its validator has stopped producing rewards. Solflare said users' SOL holdings are safe and that…

  • @DefiantNews The DefiantOn X ↗

    SOLFLARE VALIDATOR REWARDS HALT AFTER PROVIDER SECURITY INCIDENT About 1.56 million $SOL is staked with the node. Solflare says user funds are safe, but rewards resume only once stake is active on its replacement validator. Read more here:https://t.co/De1YMODPTa

9 more accounts posted about this · 2 Telegram channels (no public link)

TradersTrader calls tracked by Elfa · not advice

Positioning · SOL

Open1,592 open positions · 1,483 long · 109 short

Tracked accounts lean long about 97% of the time, so a long-heavy book is normal, not a signal. As of 28 Oct 02:12 UTC.

Reaction since the first post

Since 27 Oct 23:28 UTC3 calls opened · 2 long · 1 short

Callers with a scored record

@akira_noma short · entry $101.27alpha −0.111 · 57% hit rate · 76 scored

Alpha, hit rate and sample size exactly as Elfa reports them.

Whole crypto market, not this story

Crowding2nd percentile · vs last 28 days, 50 typical
Pulse 24h54/100 · unusualness of new calls, 0–100, 50 typical, higher means more long than usual
Book97.0% long · 10,734 accounts

As of 28 Oct 02:20 UTC.

Social-monitoring data, not investment advice Elfa prices Hyperliquid post text from Xas of

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