Phantom pockets resolves stability show bug after person issues

Phantom, a number one crypto pockets supplier within the Solana ecosystem, just lately addressed a bug affecting account stability visibility.

On Aug. 15, a number of customers reported points with their functions, together with lacking or incorrect token balances. This led to issues about potential hacking incidents.

One person wrote:

“I simply acquired on Phantom, and all my cash in addition to the primary cash are gone. It have to be a glitch, proper??!?!?”

Nonetheless, Phantom swiftly investigated and corrected the problem, stating:

“We’ve resolved a short lived situation that prevented customers from correctly seeing account balances. Whereas this didn’t impression person funds, we all know how critical incidents like this are. Our staff is taking steps to ensure it doesn’t occur once more.”

Phantom Pockets’s adoption

Launched in 2021, Phantom rapidly emerged as a number one pockets for Solana, boasting over 7 million month-to-month lively customers as of April 2024.

This development was primarily pushed by the memecoin frenzy inside the Solana ecosystem, which catapulted it into the highest functions on Apple’s App Retailer charts, surpassing different main crypto apps like Coinbase. Phantom’s reputation surged additional with its integration of Bitcoin in Could.

Regardless of this speedy development, Phantom faces stiff competitors from different crypto pockets functions.

In line with CryptoRank, the appliance ranked third amongst July’s high 10 crypto pockets functions, behind Bitget Pockets and MetaMask, which noticed greater than 1 million app downloads, respectively. Phantom Pockets secured 667,000 downloads, putting it among the many high 10 wallets by obtain numbers.

However, it stays a well-liked crypto utility used closely inside the Solana ecosystem. This reputation has attracted the eye of malicious gamers who just lately launched a fraudulent app on the App Retailer mimicking the authentic Phantom Pockets, ensuing within the lack of customers’ funds.

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