Nomad token bridge drained of $190M in funds in security exploit

2022.08.02 09:29

Nomad token bridge drained of $190M in funds in security exploit

The Nomad token bridge appears to have experienced a security exploit that has allowed hackers to systematically drain the bridge’s funds over a long series of transactions.

Nearly the entire $190.7 million in crypto has been removed from the bridge, with only $651.54 left remaining in the wallet, according to decentralized finance (DeFi) tracking platform DeFi Llama.

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