SECURITYCOINTELEGRAPH
Allbridge Core pauses cross-chain bridge after $1.65M exploit
Allbridge Core paused its cross-chain bridge following a $1.65M exploit. The attacker allegedly used a flash loan and rapid swaps to manipulate the bridge’s stablecoin exchange rate.
Related Signal
Adjacent reporting
- Allbridge Core pauses protocol after $1.65 million flash loan exploit: onchain analysts
- Kelp DAO’s rsETH bridge apparently exploited for roughly $292 million in LayerZero-based attack
- Cosmos-based Gravity Bridge halts bridge after reported $5.4M exploit
- Secret Network’s Axelar bridge drained for $4.67 million in infinite-mint exploit that went unnoticed for seven days
- Taiko reopens bridge after $1.7M exploit, says users made whole
- KelpDAO rsETH $290M hack incident is another bridge exploit