North Korea’s Lazarus Group Linked to $100M Harmony Bridge Hack
Cross-Chain Bridges Prime Targets for Exploits
Cross-Chain Bridges Prime Targets for Exploits
Escalation of Malicious Attacks Shows No Sign of Abating
This may be the strangest DeFi hack of all.
Alright ya beautiful lovelies, CryptoFirstNewsBadger here filling in for yer regular old presenter. And I know you’re thinking you look just like him. You sound just like him and you probably saw me getting me groceries at t’same superstore in t’same town at t’same time. But I assure you I am someone completely different and …
Wormhole, a bridge which facilitates asset transfers across seven different blockchain, got hacked on Feb. 2 to the tune of over $320M as a hacker minted 120,000 worth of a version of wrapped Ethereum on Solana. One day later, the funds are back.
Solana, a DeFi darling that vaulted into the fifth most valuable cryptocurrency, has taken the biggest hit of major tokens in the last seven days.