The popular Phantom Wallet has introduced the “burn NFT feature” that provides users rewards in SOL tokens for reporting spams in a bid to thwart the rampant frauds in the crypto space. The announcement comes close on the heels of a massive hacking attack. In a recent tweet, Solana’s head of communications, Austin Fedora, said that “60 per cent of the wallets drained” in the attack were Phantom wallets. Phantom’s new feature encourages users to report scams and earn SOL tokens by burning NFTs. Revealing the details in a blog post on Thursday morning, Phantom said that users could find the new feature in the Collectible tab of the Phantom wallet app.
