Security Incident at Solflare Staking Provider, Validator Node Rewards Paused

On October 28, Solflare announced that a security incident occurred at its staking service provider, affecting the keys of the Solflare validator nodes, and an investigation is currently underway. As a result, Solflare validator nodes are unable to generate staking rewards. Solflare stated that user SOL remains secure, and no user funds have been misappropriated. The delegated staking assets are stored in the users' own staking accounts, controlled solely by the users' keys, and cannot be transferred by the validator nodes or anyone holding their keys. Solflare will migrate to new validator nodes, and users' stakes will also need to be migrated accordingly. Currently, users do not need to take any action, and future application updates will provide secure migration guidance. Rewards will remain paused until staking on the new nodes is activated, and the team is developing a compensation plan for all users who complete the migration. Migration will only be conducted through the Solflare app, and the official team will not DM users or send migration links.

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