SwissBorg loses $41M in SOL after partner API compromise affects earn program

Swiss crypto platform SwissBorg suffered a $41 million theft when attackers compromised a partner API, draining approximately 193,000 SOL from the company’s Earn program and affecting roughly 1% of users. CEO Cyrus Fazel addressed the incident during a Sept. 8 live broadcast, confirming that SwissBorg’s main application remains secure while emphasizing the company’s commitment to […]