Solflare validator halts staking rewards after provider security incident
Solana wallet Solflare reported that a security incident at its staking provider compromised validator keys and paused staking rewards, though delegated user funds remain unaffected.
Solana self-custody wallet platform Solflare announced that its staking provider suffered a security incident affecting the keys held for the Solflare validator. As a result of the compromise, the validator has stopped producing staking rewards while the provider conducts an investigation.[1][2]
Solflare assured users that their SOL holdings remain secure and untouched. Under Solana network rules, delegated assets stay within users' personal stake accounts controlled solely by their private keys, preventing the validator or key holders from transferring the funds.[1][2]
The platform is moving to a new validator and noted that users do not need to take immediate action. A forthcoming app update will provide a guided migration path, and rewards will resume once delegations activate on the new validator. Solflare added that it is developing a compensation plan for users who complete the migration.[1][2]
Key facts
- A security incident at Solflare's staking provider affected the keys held for the Solflare validator.
- The Solflare validator has halted staking reward production while the provider investigates.
- No user funds were touched, as delegated SOL remains in users' own stake accounts controlled by their private keys.
- An upcoming Solflare app update will guide users through migrating to a new validator.
- Staking rewards will remain paused until user stake becomes active on the new validator.
- Solflare is working on a compensation plan for users who migrate to the new validator.
Sources · 2 sources
- TB
The Block@TheBlockCoPost on 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 it will move to a new validator. Users do not need to take action as of now, but will need to migrate upon an app upgrade.
Open source - SO
SolanaFloor@SolanaFloorPost on 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 their keys. Solflare will guide users to a new validator through an app update, and rewards will resume once their stake is active. Compensation is planned for users who migrate.
Open source