1. Home
  2. Block chain

Category: Nomad

White hat hackers have returned $32.6M worth of tokens to Nomad bridge

White hat hackers have returned $32.6M worth of tokens to Nomad bridge

Mere hours after the Nomad token bridge published an Ethereum wallet address last week for the return of funds following a $190 million hack, whitehat hackers have since returned approximately $32.6 million worth of funds. The vast majority of funds consisted of stablecoins USD Coin (USDC), Tether (USDT) and Frax,…

$2B in crypto stolen from cross-chain bridges this year: Chainalysis

$2B in crypto stolen from cross-chain bridges this year: Chainalysis

Cross-chain bridge hacks have accounted for 69% of the total crypto stolen in 2022, amounting to $2 billion in losses, according to a new report.  The report comes from blockchain analytics firm Chainalysis on Aug. 2, noting there have been 13 separate token bridge hacks this year — the most…