Crypto bridge attack
WebFeb 3, 2024 · Wormhole, a popular bridge between the Ethereum and Solana blockchains, was hit by a hack that stole cryptocurrency worth over $320 million. This is the second-largest "exploit" of this sort to... WebJun 24, 2024 · A hacker has exploited a vulnerability to steal $100 million from Harmony’s Horizon Bridge, which allows users to transfer their crypto assets from one blockchain …
Crypto bridge attack
Did you know?
WebMar 30, 2024 · Ronin Network, a critical bridge chain that powers Axie Infinity, was attacked, and this resulted in in a loss of 173,600 Ethereum and 25.5M USDC, equivalent to over $600M. Since the breach occurred on March 23rd, the stolen funds have flowed into FTX, Huobi, and CryptoCom, which have all vowed to take actions to trace the funds. 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 …
WebAug 3, 2024 · But while crypto exchanges were once the main point of attack, hackers now appear to have a new target: blockchain bridges. Bridges are the infrastructure that allow … WebApr 5, 2024 · The attack targeted the Ronin Bridge, which enables users to pass funds between the Ronin network and Ethereum. To some in the crypto world, the Ronin attack was evidence that the future of crypto ...
WebApr 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... WebApr 13, 2024 · Smart Contract & Cybersecurity Attacks. Blockchain bridges have been the target of the most massive attacks in the blockchain world. Hackers have always focused on them due to their relatively high volume of funds. ... Bridge hacks take up to 50% of all the losses in crypto. Therefore, bridge developers should audit the important parts of …
WebApr 10, 2024 · The Axie Infinity’s Ronin bridge saw the biggest exploit, losing $625 million in an attack in 2024. The series of hacks, along with several collapses in the industry last year, has forced global regulators to tighten the scrutiny of crypto, particularly in the US.
WebApr 20, 2024 · Bridges have been the target of numerous hacks over the years. Another risk is that because cryptocurrency bridges connect two different chains, they can be used to … good book on pythonWebApr 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,... good boundaries and goodbyes bible studyWebAug 16, 2024 · Another crypto bridge attack: Nomad loses $190 million in 'chaotic' hack An estimated $1 billion has been stolen from DeFi protocols by North Korea-affiliated hackers so far this year, according... good books to read on vacation 2018WebApr 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 ... good bones risky business episodesWebAug 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 … good book to read on gym trainingWebJul 18, 2024 · In one smart-contract-related incident, hackers exploited a security problem in the Wormhole bridge’s code to make off with $325 million. Wormhole bridges … good boy duck stripsWebAug 2, 2024 · Following last night’s exploit of the Nomad Bridge, Chainalysis estimates that $2 billion in cryptocurrency has been stolen across 13 separate cross-chain bridge … good boy trailer imdb