WebJun 24, 2024 · Hackers looted about $100 million from a so-called cryptocurrency bridge, again exposing a key vulnerability in the digital-asset ecosystem. Blockchain Harmony said in a tweet that … WebAug 10, 2024 · There was also the $320 million stolen from Wormhole, a crypto bridge backed by Wall Street high-frequency trading firm Jump Trading. In June, Harmony's …
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WebFeb 21, 2024 · The crypto loss is small compared with recent high-profile hacks, such as solana's $322 million wormhole bridge attack, which also used a flaw in smart contracts. WebApr 10, 2024 · Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28. ... (A “Sybil” attack gets its name from a 1973 book about a ...
WebApr 3, 2024 · Allbridge, a multichain token bridge, suffered a hack resulting in a $573,000 loss, as an individual exploited its BNB Chain pools swap price. Blockchain security firm Peckshield alerted Allbridge on April 1 of the attack, which saw an attacker drain the pool of $282,889 in Binance USD BUSD and $290,868 worth of Tether USDT. WebAug 4, 2024 · In a recent report, the firm said that theft on bridges has amounted to $2 billion worth of stolen funds, posing a "significant threat" to the credibility of blockchain …
WebApr 2, 2024 · On March 23, the Ronin Bridge, which is connected to the popular Axie Infinity online game was attacked, with the hacker stealing 173,600 Ether and 25.5 million USDC tokens in two transactions,... WebJul 18, 2024 · If crypto goes missing on one side of a bridge because of a hack, that could destabilize the system. When the Wormhole bridge was hacked, its parent company, Jump Trading, replaced the stolen ether to keep things operating. Attacks on bridges look like other crypto hacks. Hackers exploit flaws in code or, more chillingly, the fundamental …
WebAug 2, 2024 · Nomad, a token bridge that allows users to send and receive tokens between Avalanche (AVAX), Ethereum (ETH), Evmos (EVMOS), Moonbeam (GLMR) and Milkomeda C1 blockchains, was attacked on Monday,...
WebApr 11, 2024 · South Korean crypto exchange GDAC lost $13 million in a hack that occurred on Sunday. The attack, confirmed by the exchange on Monday, led to a transfer of crypto assets, including more than 60 ... mount bachelor snow amountWebApr 11, 2024 · German shipbuilder Lürssen, which makes military vessels as well as luxury yachts, has become the target of a ransomware cyberattack. The Bremen-based company was attacked over the Easter holiday ... heart church boulderWebAug 5, 2024 · The attack on Nomad started Monday and lasted into Tuesday morning, with hackers siphoning off the digital funds in a matter of hours. The company said it has … mount bachelor ski teamWebApr 15, 2024 · More than $600 million worth of ether and USDC tokens were stolen in the attack. Hackers exploit what’s known as a blockchain “bridge,” which allows users to transfer their digital assets from... mount bachelor sports education foundationWebAug 3, 2024 · The growing number of bridge attacks only adds to security and trust concerns in the crypto industry. Several of the largest crypto thefts of all time took place just last year, amid a surge in crypto prices and usage. Cryptocurrency prices have since fallen considerably but remains a potentially lucrative target. heart church fox islandWebAug 23, 2024 · Shevchenko stated that the “bridge architecture was designed to resist such attacks, additional measures to be taken to ensure the cost of an attack attempt is increased.” The watchdogs challenged the false transaction, losing 2.5 Ethereum in the process, according to a May Twitter thread by Shevchenko. Crypto bridge hacks take … mountbachelor stash.comWebMar 30, 2024 · It says a hacker transferred $540m worth of cryptocurrency to themselves six days ago, but the company only noticed on Tuesday when a customer was unable to withdraw their funds. The stolen stash... mount bachelor stats