Discovery of a security vulnerability in Solana’s smartphone! How serious is the problem?

Solana Labs (SOL) has denied claims made by blockchain security firm CertiK about a bootloader vulnerability in Solana’s Saga smartphone.

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Certic claims that this vulnerability could allow malicious actors to install infected programs and steal sensitive data, including the private keys of users’ cryptocurrency wallets.

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However, Solana Labs argues that Certic’s claims are false, stressing that unlocking the bootloader and installing custom firmware requires users’ involvement and knowledge.

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The Solana Saga smartphone was launched in April 2022 at a price of $1,099. It offered a decentralized Web3 application store to integrate cryptocurrency applications with new technologies. But four months after its release, with a sharp drop in sales, Solana dropped its price to $599.

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