Cryptocurrency [loss] $8M+

Telegram post

2025-01-01 [vendor] NoOnes [chain] solana
Primary Source ↗
Financial Loss $7.9M (7,900,000 USD)
Blockchain(s) Solana

Incident Details

After crypto sleuth zachxbt noticed an apparent theft from the NoOnes peer-to-peer crypto trading platform on January 1, CEO Ray Youssef was forced to acknowledge the theft. He claimed that the project’s Solana bridge had suffered a compromised, and explained that it had been taken offline for “exhaustive pen testing”.Youssef emphasized that user funds were safe, which led to questioning from others on how that could be possible when nearly $8 million had been stolen. Youssef claimed he had reimbursed the stolen assets himself.

Total loss estimated at $7,900,000.

Technical Details

Initial Attack Vector
On-chain theft (attributed by zachxbt)
Vendor / Product
NoOnes

Timeline

  1. 2025-01-01 Breach occurred
  2. 2025-01-01 Publicly disclosed