bridge exploit
Coverage of bridge exploit in the Nexus archive.
- Taiko halts its Ethereum layer-2 network after a bridge exploit, token dives
Taiko has halted its Ethereum layer-2 network following a bridge exploit, leading to a significant decline in its token's value.
- Taiko urges users to withdraw as bridge exploit drains $1.7M
Taiko's bridge and ERC20 Vault on Ethereum experienced a security breach due to a compromised chain state verification mechanism, enabling forged proofs and unauthorized withdrawals that drained $1.7 million.
- Verus bridge exploiter returns $8.5M after bounty offer
A hacker who exploited the Verus bridge returned $8.5 million in stolen funds, representing 75% of the total amount taken. The recovery was negotiated between the protocol and the attacker following a bounty offer made days after the initial exploit.
- Ethereum backers pledge up to 30,000 ETH to rsETH recovery after bridge incident
Ethereum supporters have pledged up to 30,000 ETH to recover funds lost in a $290 million rsETH bridge exploit. The incident disrupted DeFi markets and prompted a coordinated recovery initiative.
- Aave deposits fall by $15B as Kelp exploit sparks flight from DeFi lender
Aave's total supplied balance dropped by $15 billion following the Kelp DAO bridge exploit, as users withdrew funds due to uncertainty about the protocol's ability to cover the shortfall. The incident highlights ongoing risks in decentralized finance (DeFi) lending platforms.
- Aave deposits fall by $15B as Kelp exploit sparks flight from DeFi lender
Aave's supplied balance has dropped by $15 billion following the Kelp DAO bridge exploit, as users withdraw funds due to uncertainty about the protocol's ability to cover rsETH-linked shortfalls.
- Aave could face up to $230 million in losses after Kelp DAO bridge exploit triggers DeFi chaos
Aave could face up to $230 million in losses following a Kelp DAO bridge exploit, causing DeFi market instability. The exploit triggered chaos in the decentralized finance (DeFi) sector, highlighting vulnerabilities in blockchain infrastructure.
- KelpDAO rsETH $290M hack incident is another bridge exploit
A $290M exploit occurred involving KelpDAO's rsETH due to suspicious cross-chain activity, leading to paused contracts on mainnet and L2s. The issue stems from vulnerabilities in L2 liquidity management, highlighting ongoing risks in decentralized finance (DeFi) bridge designs.