SwissBorg Bleeds $41M in SOL After Partner API Breach Hammers Earn Program

Another day, another crypto heist—only this time the backdoor came through a trusted partner.

The Breach Mechanics

SwissBorg’s yield-earning program got sideswiped when a third-party API integration went rogue. Hackers exploited the compromised connection, making off with a cool $41 million in Solana tokens. The attack targeted the very infrastructure designed to generate passive income for users.

Security in Shambles

Internal systems? Apparently rock-solid. External partners? Not so much. The breach highlights the recurring weak link in crypto security: the extended network. While SwissBorg’s own defenses held, the backchannel bled dry.

Earn Programs Under Fire

Yield offerings promise juicy returns—until they don’t. This incident throws another shadow on crypto’s favorite pitch: 'set it and forget it' passive income. When partners falter, everyone pays. Literally.

Finance never changes—only the wallets getting emptied do.