Nomad token bridge drained of $190M in funds in security exploit
Hundreds of potential exploiters appear to have drained all of the bridge’s $190 million in TVL in just a matter of hours. Go to Source Powered by WPeMatico
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Hundreds of potential exploiters appear to have drained all of the bridge’s $190 million in TVL in just a matter of hours. Go to Source Powered by WPeMatico
The layer-1 blockchain’s main bridge between Ethereum, Binance Chain, and Bitcoin has been exploited for nine figures, but says its BTC bridge has not been affected. Go to Source Powered by WPeMatico
Soon after the launch of the Stacks Bridge, more token and NFT transfers will be supported so users can benefit from the security of Bitcoin and the speed of other chains. Go to Source Powered by WPeMatico
The token bridge between Ethereum and Solana saw 120K wETH tokens removed from the platform and distributed between the hacker’s Solana and ETH wallets. Go to Source Powered by WPeMatico
During the last year, Ethereum has dominated the decentralized finance (defi) ecosystem but a number of other blockchain projects plan to join the fray. The second layer, smart contract protocol RSK aims to bring the defi demand to the Bitcoin blockchain and there’s already a few RSK-based defi projects in the wild. In the world … Read more