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Allbridge Core Pauses Protocol After Attacker Drains More Than $1 Million

Covered by 3 sources · 3 articles

3 outlets - including Cryptoadventure, Theblock and Beincrypto - are covering this story. Allbridge Core paused its cross-chain stablecoin protocol after an attacker manipulated its Solana liquidity pools, with PeckShield estimating losses at about $1.65 million. The attack began with a $1.12 million USDC flash loan from Kamino…

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Allbridge Core Pauses After $1.65 Million Solana Flash Loan Exploit
Crypto Adventure Jul 20, 04:17 UTC

Allbridge Core Pauses After $1.65 Million Solana Flash Loan Exploit

Allbridge Core paused its cross-chain stablecoin protocol after an attacker manipulated its Solana liquidity pools, with PeckShield estimating losses at about $1.65 million. The attack began with a $1.12 million USDC flash loan from Kamino…

Allbridge Core pauses protocol after $1.65 million flash loan exploit: onchain analysts
The Block Jul 20, 03:33 UTC

Allbridge Core pauses protocol after $1.65 million flash loan exploit: onchain analysts

Security firms PeckShield and CertiK flagged that the attacker has bridged the stolen funds from Solana to Ethereum.

Allbridge Core Pauses Protocol After Attacker Drains More Than $1 Million
BeInCrypto Jul 20, 02:35 UTC

Allbridge Core Pauses Protocol After Attacker Drains More Than $1 Million

Allbridge Core paused its protocol after an attacker exploited its stablecoin liquidity pools, with blockchain tracker Onchain Lens estimating losses exceeding $1 million. The incident adds to a growing number of attacks targeting crypto pr…