The protocol is the most recent addition to a series of companies falling victim to a hack that targets cross-chain bridges.
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BRIDGE Crypto
BRIDGE Crypto latest news, images, analysis about While the bridge service between Ethereum and Cronos is in the works, DeFi Wallet has provided a Migration Tool to transfer ERC20 CRO to Crypto.com CRO. Users can use this tool to migrate their ERC20 CRO to the Crypto.org Chain first, and then use Cronos Bridge to transfer native CRO from the Crypto.org Chain to Cronos.
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The ethical exploiter congratulated Arbitrium for the 400 ETH payout but asserted that a find of this kind should be entitled to the maximum bounty of about 1,500 ETH, or $2 million.
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Cross-chain bridges offer a 'unregulated alternative' to exchanges for transferring wealth between blockchains, according to the blockchain forensics company.
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Cronos Bridge | Crypto.com Help Center
While the bridge service between Ethereum and Cronos is in the works, DeFi Wallet has provided a Migration Tool to transfer ERC20 CRO to Crypto.com CRO. Users can use this tool to migrate their ERC20 CRO to the Crypto.org Chain first, and then use Cronos Bridge to transfer native CRO from the Crypto.org Chain to Cronos.
The Best Crypto & Binance Bridge | cBridge
cBridge is a multi-chain, cross-layer asset bridge offering instant transfer with the most number of chains, lowest fee and zero trust.
Hacker exploits Harmony blockchain bridge, loots $100M in crypto
Jun 24, 2022 · A hacker has exploited a vulnerability to steal $100 million from Harmony’s Horizon Bridge, which allows users to transfer their crypto assets from one blockchain to another. Harmony, the U.S ...
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Crypto Bridge Nomad Exploited for $190M in ‘Frenzied Free-for-All’
Aug 02, 2022 · In one of the most extensive hacks since Axie Infinity's Ronin Bridge Sidechain in March, an exploit on the Nomad token bridge has allowed attackers to rob the bridge of roughly $190 million.. Security firm PeckShield told Decrypt that the funds stolen were denominated in Ethereum, USDC, DAI, FXS, and CQT. "We are aware of the incident involving the Nomad token …
Hackers drain nearly $200 million from crypto bridge Nomad
Aug 02, 2022 · Hackers have drained nearly $200 million from the crypto bridge project, Nomad. This marks the latest crypto-related theft in a year that's on pace to …
How a crypto bridge bug led to a $200m 'crowd looting'
Aug 02, 2022 · The insufficiently validated code appears to reside within the process() function in the Nomad ERC20 Bridge Contract (Replica.sol:process), in a portion of the program that serves a similar purpose as the prove() function cited in the audit report. It's intended to accept an input value and see if it's part of a Merkle tree, a tree-like data structure that stores the hashed data …
Nomad Crypto Bridge Is Target of $200 Million Hack - TheStreet
Aug 02, 2022 · Nomad, which enables crypto holders to swap their tokens among blockchains, was the target of hackers who pillaged about $200 million, reports say. Nomad, a bridge that enables crypto holders to ...
$190M Stolen From Coinbase-Backed Crypto Bridge Nomad
Aug 02, 2022 · Over $190 million was drained from cross-chain cryptocurrency bridge Nomad on Monday in what is being described as one of the most perplexing hacks in DeFi history. What Happened: On Aug. 1 ...
Another crypto bridge attack: Nomad loses $190 million in …
Aug 03, 2022 · Heists continue to plague the crypto world, with news of large sums stolen from digital currency firms seemingly every month. But while crypto exchanges were once the main point of attack, hackers ...
Nomad Bridge Hack Allowed 'Mob' to Drain Millions in Crypto - Gizmodo
Aug 02, 2022 · Nomad Hack Allowed 'Mob' of Users to Drain Bridge of $190 Million in Crypto An initial Monday hack led to a frenzied rush of hackers …
Hacking free-for-all relieves crypto bridge users of $200 million
Aug 02, 2022 · An attacker swiped roughly $625 million from the Ronin blockchain underpinning Axie Infinity in March, and an exploit in the Wormhole bridge led to a $325 million hack in February. While the Nomad ...
Weekly Crypto Market Update Reports (July 30th- August 5th, …
Aug 06, 2022 · The crypto market's capitalization: The market's capitalization peaked on August 1 at $1123 billion. The average market cap for the week stood at $1083 ... Nearly $190.7 million in crypto has been removed from the bridge. Solana Is Widely Attacked Due To The Disclosure Of Slope Wallet’s Private Key.
Over $2B Lost in 13 Separate Crypto Bridge Hacks This Year
Aug 04, 2022 · Chainalysis reports that bridges have become the top crypto security risk. North Korean-linked hackers have been highly active in bridge exploits. More than $2 billion has been lost from bridge ...
Nomad crypto bridge hack leads to nearly $200 million loss
Aug 02, 2022 · Nomad, a cross-chain token bridge, has lost almost $200 million following a recent hack. The hack in question took place after Nomad pushed out an update that essentially made it easier for users ...
Cross-Chain Bridge Nomad Reveals Crypto Heavyweight Backers ... - CoinDesk
Jul 28, 2022 · Cross-chain messaging protocol Nomad on Thursday revealed that a slate of crypto heavyweights participated in the $22.4 million seed round at a $225 million valuation that was announced in April ...
Bridge TVL Rankings - DefiLlama
DefiLlama is a DeFi TVL aggregator. It is committed to providing accurate data without ads or sponsored content, as well as transparency.
First Mover Asia: Crypto's ‘Learn-on-the-Fly’ Ethos on Display as ...
Aug 04, 2022 · Crypto's ‘Learn-on-the-Fly’ Ethos on Display as 2022 Bridge Hacks Reach $2B By Shaurya Malwa Vulnerabilities of cross-chain bridges …
Crypto Bridge Nomad Offers 10% Bounty After $190 Million Hack
Aug 05, 2022 · Crypto Bridge Nomad Offers 10% Bounty After $190 Million Hack. Anyone returning 90% of what they siphoned can keep the rest. They’ll be viewed as ethical hackers and won’t be prosecuted. By.
Techmeme: Hackers drain nearly the entire $190.7M in crypto …
Aug 02, 2022 · Hackers drain nearly the entire $190.7M in crypto from the Nomad token bridge, which raised an April 2022 seed from Coinbase, OpenSea, and five other companies — Hundreds of potential exploiters appear to have drained all of the bridge's $190 million in TVL in just a matter of hours.— 57 Total views
Crypto token bridge Nomad completely drained as users turn ... - TechRadar
Aug 02, 2022 · Bridge hacks are pretty common these days. Just over a month ago, an unknown individual stole more than 85,000 Ether tokens from the Harmony bridge which were, at the time, valued at some $105 ...