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Wanchain bridge exploit drains 290 million NIGHT, Hoskinson calls for end of legacy bridges

Covered by 2 sources · 2 articles

2 outlets - including Coinedition and Coin-turk - are covering this story. NIGHT, the native token of the Midnight ecosystem, crashed approximately 45% last Monday following a $10 million Wanchain Bridge exploit. The hack occurred on Wanchain’s Cardano-to-BNB Chain Bridge, with an attacker exploiting a flaw in Wan…

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Midnight Exploit: Hoskinson Blames Legacy Bridge Vulnerability, Calls for Review
CoinEdition Jul 23, 06:04 UTC

Midnight Exploit: Hoskinson Blames Legacy Bridge Vulnerability, Calls for Review

NIGHT, the native token of the Midnight ecosystem, crashed approximately 45% last Monday following a $10 million Wanchain Bridge exploit. The hack occurred on Wanchain’s Cardano-to-BNB Chain Bridge, with an attacker exploiting a flaw in Wan…

Wanchain bridge exploit drains 290 million NIGHT, Hoskinson calls for end of legacy bridges
CoinTurk News Jul 22, 12:27 UTC

Wanchain bridge exploit drains 290 million NIGHT, Hoskinson calls for end of legacy bridges

🚨 The Wanchain bridge exploit drained 290 million NIGHT, causing a 43% crash in $NIGHT before a partial rebound. 🔒 Charles Hoskinson said outdated bridge design and rising AI-powered threats are accelerating crypto vulnerabilities. 💡 He…