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allbridgecore
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🚨 New breach shakes DeFi: Allbridge Core suspends its bridge after a $1.65 million theft!
The shared-bridge platform Allbridge Core halted its operations following an exploitation worth $1.65 million. It is alleged that the attacker leveraged a vulnerability via a flash loan to manipulate stablecoin liquidity pools, resulting in significant financial losses and a temporary pause of services as a precautionary measure.
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📊 Impact: 🔥 Very High
🏷️ DEFI
#AllbridgeCore #DeFi #Exploit #CrossChainBridge #CryptoSecurity
🔗 Source: https://cointelegraph.com/news/allbridge-core-pauses-cross-chain-bridge-after-165m-exploit
The shared-bridge platform Allbridge Core halted its operations following an exploitation worth $1.65 million. It is alleged that the attacker leveraged a vulnerability via a flash loan to manipulate stablecoin liquidity pools, resulting in significant financial losses and a temporary pause of services as a precautionary measure.
━━━━━━━━━━━━━━
📊 Impact: 🔥 Very High
🏷️ DEFI
#AllbridgeCore #DeFi #Exploit #CrossChainBridge #CryptoSecurity
🔗 Source: https://cointelegraph.com/news/allbridge-core-pauses-cross-chain-bridge-after-165m-exploit
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