Wormhole, a site that allows the transfer of information from one crypto network to another, says it has been"exploited" for 120,000 units of a version of the second-largest cryptocurrency, ether.
Wormhole, a site that allows the transfer of information from one crypto network to another, said on Twitter on Wednesday that it was "exploited" for 120,000 units of a version of the second-largest cryptocurrency, ether.London-based blockchain analysis firm Elliptic said that attackers were able to fraudulently create the wETH tokens, almost 94,000 of which were later transferred to the ethereum blockchain, which powers transactions for ether.
Yet with their breakneck growth, DeFi platforms have emerged as a major hacking risk, with bugs in code and design flaws allowing criminals to target DeFi sites and deep pools of liquidity, and also to launder the proceeds of crime, while leaving few traces.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Coin Coin Latest News, Coin Coin Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
$323 million in ETH stolen from cross-chain protocol WormholeAccording to a series of etherscan transactions, an attacker has exploited Wormhole, a bridge between the Ethereum and Solana blockchains, for close to $323 million in ETH. Wormhole is a bridging protocol that enables assets to move across various blockchain protocols. When a user sends assets...
Source: CryptoPanicCom - 🏆 563. / 51 Read more »
Hacker Steals $320 Million From Solana, Ethereum Bridge Wormhole⬇ -10 Hacker Steals $250 Million From Solana, Ethereum Bridge Wormhole $ETH ethereum altcoin cryptocurrency
Source: CryptoPanicCom - 🏆 563. / 51 Read more »
$323 million in ETH stolen from cross-chain protocol WormholeAccording to a series of etherscan transactions, an attacker has exploited Wormhole, a bridge between the Ethereum and Solana blockchains, for close to Should have used Algorand what is this image edwardmorra_btc If the code is law, and they used the code to create money and take it, is it stealing? 🤔
Source: TheBlock__ - 🏆 464. / 53 Read more »
$256 million in ETH stolen from cross-chain protocol WormholeAccording to a series of etherscan transaction records, an attacker has exploited Wormhole, a bridge between the Ethereum and Solana blockchains, for Corruption
Source: TheBlock__ - 🏆 464. / 53 Read more »
More than $320 million stolen in latest apparent crypto hackWormhole, one of the most popular bridges linking the ethereum and solana blockchains, lost about $320 million in an apparent hack Wednesday afternoon. armaniferrante Please explain! Was pretty intense whole. Solana actually had the fix but didn’t push out the update in time.. Nasıl yani
Source: CNBC - 🏆 12. / 72 Read more »