SwissBorg's SOL Earn program lost 192,600 SOL (~$41.5M) when staking partner Kiln's API credentials were compromised. Attacker embedded malicious authorization instructions in unstaking transactions to transfer withdrawal authority to attacker-controlled addresses.

Swiss crypto platform SwissBorg suffered a security incident in which approximately 192,600 SOL (~$41.5M) was stolen on Solana. According to SwissBorg’s official statement, the incident was caused by a compromised partner API, impacting its SOL Earn program.