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Telegram trading app Solareum announces shutdown of service due to vulnerability

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Team behind the Telegram trading application Solareum, which focuses on trading Solana ecosystem tokens, announced that a platform vulnerability led to the theft of approximately $523,000 worth of SOL tokens, affecting over 300 Solana users. The team announced on Telegram that due to insufficient funds, constantly changing market trends, and a recent system security vulnerability, they have decided to shut down the project. In addition, Solareum claims to be a victim themselves, but some users have threatened legal action if Solareum does not announce a compensation plan.

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