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The DePIN Protocol of Solana Recovers From A Security Breach, Announces The CEO

Valeria Bednarik 2024-04-29 11:56:27

Despite a prior incident involving unauthorized metadata updates, Ahmad Shadid, the CEO of Solana's DePIN protocol io.net, has declared that the network has completely recovered from a recent security compromise and is now operational, with plans to launch IO Cloud v2 and IO tokens.

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Ahmad Shadid, the founder and CEO of Solana's DePIN protocol io.net, has reportedly informed Foresight News that the organization has successfully restored its operations following a recent security breach. Shadid stated in a social media post-event analysis dated April 27 that the team had devoted the previous twelvety-four hours to arduous efforts to expel the assailants from the network, deploy numerous security upgrades, and establish a novel security framework to avert future occurrences.

 

At this time, the network infrastructure is operating normally and in its entirety. Furthermore, the business team is presently engaged in the coordination of the network resume operation, placing supplier relationships as a top priority, and striving to expedite the restoration of the network supply. The group remains committed to releasing IO Cloud v2 and IO tokens, and will further enhance the network in response to community input.

 

Shadid previously tweeted, on behalf of Foresight News, that the metadata API of io.net had been compromised. Unauthorized metadata modifications occurred as a consequence of the accessible mapping between user ID and device ID being exploited by attackers. While GPU access was not impacted by this vulnerability, the metadata presented to users through the front end was. Personally identifiable information (PII) is not gathered by io.net, and the organization will not divulge any sensitive user or device data.