Verus Ethereum Bridge hacked again for $7.54M after May exploit
The Verus Ethereum Bridge has suffered another exploit, with an attacker draining about $7.54 million in assets from the same contract hit in May. Summary...
Tag : Bridge
AFX protocol reportedly loses $24M in bridge exploit
Offchain Labs said the incident involved a third-party protocol and did not affect Arbitrum’s native bridge infrastructure. AFX, a decentralized perpetual exchange operating on Arbitrum,...
Allbridge pauses cross-chain bridge after $1.65M exploit
Allbridge, the company behind cross-chain stablecoin bridge Allbridge Core, said it has paused the protocol as a precaution after a “security incident” that reportedly saw...
Robinhood Chain: From Wall Street Roots to Onchain Memecoins – How to Bridge Safely
Robinhood, before its chain, made its name by bringing commission-free stock trading to everyday investors. Founded in 2013 by Vlad Tenev and Baiju Bhatt, the...
Taiko reopens bridge after $1.7M exploit, says users made whole
Ethereum layer-2 blockchain Taiko reopened its bridge and restored full operations after a June exploit drained up to $1.7 million. On Thursday, Taiko announced that...
What is a bridge asset? How XRP and XLM are meant to move value
A bridge asset is a cryptocurrency used as a neutral middle step to move value between two different currencies without pre-funding accounts in each one....
Taiko sets four-step restart plan after June 21 bridge attack
Taiko says it is ready to bring its Ethereum layer-2 network back online after a June 21 security breach. Summary Taiko says the attack path...
Ethereum Layer-2 Taiko Warns Users to Withdraw Bridge Funds After Security Breach
In brief Taiko said its chain state verification mechanism was compromised and urged users to withdraw funds from all bridges on the network. BlockSec Phalcon...
Axelar shuts down Secret Network bridge routes after $4.7M exploit
Axelar has disabled its Secret Network bridge connections after a security incident resulted in the loss of roughly $4.7 million worth of bridged assets. Summary...
Humanity says compromised laptop led to $36M bridge attack
Humanity Protocol said an employee’s laptop compromise allowed attackers to seize bridge controls, upgrade contracts and steal over $36 million in H tokens. In an...