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Which companies just had a verified incident, who lends to them and who owns them. Every claim carries its evidence level and its source. How we decide what is confirmed

Global Financial Service Disruptions

SwissBorg

crypto exchange · CH · Europe · SwissBorg

Confirmed cyberStatus: unknownTier 1Severity 2 of 5Evidence confidence: highAnalyst-verified

SwissBorg paused SOL Earn redemptions and Solana staking on 8 Sep 2025 after about 41M USD in SOL was drained through a compromised API at staking partner Kiln. The company pledged full reimbursement from treasury.

First disruption
Sep 8
First public signal
Sep 8 (ZachXBT alert then SwissBorg statement)
Acknowledged
Sep 8
Restored
not yet
Duration
not established
DFX first recorded
Nov 5 14:58 UTC

What was restricted

withdrawalsScope: single service

SOL Earn redemptions and Solana staking transactions paused; fewer than 1 percent of users affected; app balances unchanged.

Financial impact: About 192,600 SOL, roughly 41M USD (company figure).

Cause, kept in separate layers

What the institution said
Exploit of an external wallet used for SOL Earn via compromised API of staking partner Kiln; not a breach of SwissBorg platform
DFX classification
Confirmed cyber (cyber: confirmed)
Conflicting reports
One outlet reported 49M USD.

Dependencies

A dependency is a documented relationship. It is not evidence that the provider was compromised.

  • Provider: Kiln (staking infrastructure API), verified
  • Downstream: Kiln Ethereum validators: Kiln exited all ETH validators as a precaution, delaying withdrawals up to 9 days (documented)

Evidence