Decentralized exchange platform Jupiter has sent a warning to its community over a malicious extension identified by its technical team. According to a recent tweet, Jupiter revealed that the Chrome extension called “Bull Checker” had targeted users on several Solana-related subreddits. The announcement came after Jupiter received reports of how users using Solana DeFi were drained.
Identification Of Malicious Extension
Over the last week, we received reports that a small number of users using Solana DeFi got drained.After extensive investigation, we have identified a malicious Chrome extension called “Bull Checker” that had targeted users on several… pic.twitter.com/pubayfmD9h
— Jupiter
(@JupiterExchange) August 19, 2024
Jupiter Outlines How To Stay Safe From The “Bull Checker” Extension
Following the identification of the “Bull Checker” Chrome Extension, Jupiter technical informed its community on how to stay safe from getting drained. Per reports, the extension has the ability to read and change all the data on a user’s website. It allows users to interact with the dApp normally, but tokens can be maliciously transferred to another wallet upon transaction completion.
Jupiter team went further to list out some safety tips to apply while handling the extension. Firstly, users were warned to uninstall any extension that contains malware, and it comes with both “read” and “change” permissions. Jupiter also told its community to be mindful of extensions that ask for extensive permissions like to read and modify website data. Additionally, users were warned against trusting answers seen on social media platforms like Reddit to avoid falling victim to social engineering scams.
In similar news, Indian crypto exchange WazirX has deployed a socialized loss strategy to recover funds after its platform was hacked. The approach involves offering users access to 55% of their funds for trading and withdrawals while 45% will be converted into USDT-equivalent tokens and locked.
Jupiter Strikes Partnership with deBridge Finance
On May 31, deBridge Finance announced its integration with Jupiter Exchange. According to the tweet, users can now explore the DeFiverse by navigating to the “deBridge widget” within Jupiter’s website.
Meanwhile, Jupiter’s (JUP) token price surged 44% in July, going from $0.657446 to $1.20 last month. The decentralized exchange was also ranked among the top exchanges in terms of Total Value Locked (TVL), with $597.29 million.
