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Solflare halts rewards on 1.56M SOL after security issue, plans validator switch for stakers

Market News
28 Oct 2026, 23:17 WIB
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Solflare halts rewards on 1.56M SOL after security issue, plans validator switch for stakers

Solflare announced a security incident involving keys held by its current validator provider, leading to paused rewards on about 1.56 million Solana (SOL) delegated to that validator. The delegated SOL remains under each staker's control, and no user funds were accessed or withdrawn. Solflare plans to move stakers to a new validator through an upcoming app update, though the release date is not yet set. Rewards will resume once stakes are active on the new validator, and a compensation plan for migrating users is being developed. Users are warned not to trust direct messages or links about the migration, as it will only occur through the official app.

Solflare's validator move plans follow a security incident affecting Solana rewards. For readers following major cryptocurrencies, here is Pluang's market snapshot as of Oct 29, 2026 03:33 WIB: 43 of 50 major cryptocurrencies rose today. Notable movers include AAVE at Rp2.462.522 (+2.86%), DOT at Rp18.521 (+2.73%), and LINK at Rp213.435 (+2.67%).

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