$40M CRYPTO HEIST: INVESTIGATION UNDERWAY AFTER ARBITRUM-ETH BRIDGE EXPLOIT
BLOCKCHAIN BREACH VIA CCTP
$9M USDC LEFT UNFROZEN FOR HOURS
A major exploit has rocked the crypto space as attackers siphoned $40 million from Arbitrum to Ethereum using the CCTP bridge.
Reported by ZachXBT, the breach left $9 million USDC unfrozen for up to 2 hours post-attack — raising serious questions about protocol security and response times.
Authorities and on-chain sleuths are now digging deep.
