BloomTrading Vows Refunds After $954K Solana Hack
The trading platform promises to compensate victims after a $954K Solana wallet exploit drained 9,408 SOL from 49 users.
The trading platform promises to compensate victims after a $954K Solana wallet exploit drained 9,408 SOL from 49 users. Solana (SOL) is trading at $100.02, down 1.1% since this brief published. This is an original TLT brief based on reporting by Crypto.news, with live market data added, as of Mon, 26 Oct 2026 08:15:02 UTC.
This incident highlights ongoing security vulnerabilities in the Solana ecosystem and the financial impact on users, while also testing the platform's accountability mechanisms.
- 9,408 SOL ($954K) drained from 49 wallets in suspected exploit
- BloomTrading commits to refunding affected users
- Cause of the security breach remains under investigation
- Solana price down 0.20% amid broader market stability
BloomTrading, a cryptocurrency trading platform, has announced that it will refund users affected by a recent security breach that resulted in the loss of 9,408 SOL, valued at approximately $954,000. The incident affected 49 wallets, according to reports.
The platform has confirmed the incident and expressed commitment to compensating the victims, though the exact timeline and mechanism for the refunds remain unclear.
The cause of the security breach is still under investigation, and no further details have been provided by the platform regarding how the exploit occurred.
This incident comes amid ongoing concerns about security vulnerabilities in the 
Solana ecosystem, which has experienced several high-profile hacks in recent months.
Solana's price has shown a slight decline of 0.20% over the past 24 hours, currently trading at $101.1, while the broader market remains relatively stable with a total crypto market cap of $2.75 trillion.
Since this brief published about 2 hours ago, Solana (SOL) has moved from $101.10 to $100.02 — -1.07%.
The chart plots SOL's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from TLT's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 SOL ≈ ₦138,077.61 (about $100.02), down 1.4% over 24 hours. The naira itself trades about 3.5% above the official rate on the P2P market, so a Nigerian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
Figures and sectors in this story, checked live against on-chain aggregators · October 26, 2026.
TLT reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.
BloomTrading Vows Refunds After $954K Solana Hack — questions & answers
How much SOL was stolen in the BloomTrading hack?
9,408 SOL, valued at approximately $954,000, was drained from 49 user wallets.
What is BloomTrading doing about the hack?
The platform has committed to refunding the affected users but has not provided a specific timeline for the refunds.
Has the cause of the hack been identified?
No, the cause of the security breach is still under investigation.
How much is 1 Solana worth in naira today?
About ₦138,077.61 at the live peer-to-peer (P2P) USDT rate, which is what Nigerians typically trade at — equivalent to roughly $100.02. The naira price moves with both SOL's US-dollar price and the USDT/NGN rate; use our Solana in naira page for any amount.
Has Solana's price moved since this brief was published?
SOL is down 1.07% since this brief first published — trading at $100.02 now versus $101.10 at publication. TLT re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original TLT brief that synthesises reporting from Crypto.news. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original TLT brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.