Cross-chain protocol Allbridge halts after $1.65 million flash loan exploit
Covered by 3 sources · 3 articles
3 outlets - including Cryptodaily, Coindesk and Cryptopress - are covering this story. Allbridge Core pause on July 19, 2026 followed a $1.65M Solana pool exploit tied to a Kamino flash loan and USDC/USDT swaps. Here is what changed. Funds moved to Ethereum.
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Allbridge Flash-Loan Exploit: How Pool Manipulation Drained $1.65 Million
Allbridge Core pause on July 19, 2026 followed a $1.65M Solana pool exploit tied to a Kamino flash loan and USDC/USDT swaps. Here is what changed. Funds moved to Ethereum.
Cross-chain protocol Allbridge halts after $1.65 million flash loan exploit
The attacker used a $1.12 million flash loan from Kamino to manipulate pool ratios, enabling them to withdraw assets at favorable rates before bridging funds.
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…