Blog | G5 Cyber Security

$4.4 Million Stolen From Crypto Firm: Multi-Bridge Exploited

Multi-Bridge Exploited multi-chain bridging allows users to trade multiple cryptocurrencies across the Ethereum and Solana blockchains. Attack happened on a bridge feature used to automatically wrap ETH gas tokens. Hack also affected the Moonriver network, which was hacked for around $4.4 million. This is the third attack this month following the strike on the Wormhole network and Qubit Finance, which runs on the Binance Smart Chain. The incident comes just months after a massive DeFi attack in which a hacker drained the Poly Network protocol of more than $600 million in cryptocurrency.”]

Source: https://www.fraudtoday.io/44-million-stolen-from-crypto-firm-multi-bridge-exploited-a-18467

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