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Cross-chain protocol Gravity Bridge was drained of roughly $5.4 million on May 30, with the attacker reportedly funneling part of the haul through Binance and Changenow, blockchain security firm Peckshield reported. Funds Routed Through Binance and ChangeNow Gravity Bridge, a protocol that moves tokens between Ethereum and the Cosmos ecosystem, lost about $5.4 million in … Read more
A coordinated exploit drained approximately $11.5 million from the Verus-Ethereum bridge on May 18, with security firm Blockaid linking the attacker’s wallet to Tornado Cash. Attacker Converts Loot to ETH and Tornado Cash Trail Emerges The Verus-Ethereum bridge was drained of approximately $11.5 million in a coordinated exploit, with analytics confirming that the attacker extracted … Read more
Three decentralized finance ( DeFi) protocols managing nearly $1 billion in combined assets have moved or are actively moving their cross-chain infrastructure from Layerzero to Chainlink’s Cross-Chain Interoperability Protocol (CCIP), highlighting a broader push toward different bridging standards. Three DeFi Protocols Pull Nearly $1B From Layerzero After $292M April Exploit Solv Protocol announced this week … Read more
The Shibarium bridge, which connects Shiba Inu’s layer two (L2) network to Ethereum, was targeted in a flash loan exploit that drained around $2.4 million in ether ( ETH) and the meme coin shiba inu ( SHIB) on Sept. 13, according to developer statements and several security alerts. Security Firms Join Shibarium Inquiry Following $2.4M … Read more
The attempt was suppressed within 31 seconds, with the attacker losing their 5 ETH safety deposit. Go to Source Powered by WPeMatico