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Illustration of Allbridge crypto exploit showing paused protocol and funds being drained from Solana pools
Billede genereret af AI

Allbridge pauses protocol after 1.65 million dollar exploit

Rapporteret af AI Billede genereret af AI

Allbridge Core has paused its cross-chain stablecoin protocol after losing roughly 1.65 million dollars in a flash loan attack on its Solana liquidity pools. The attacker used a 1.12 million dollar flash loan from Kamino to manipulate pool ratios before withdrawing assets and bridging them to Ethereum.

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