SecurityThe Blockabout 20 hours ago
Allbridge Core pauses after $1.65M exploit
1 min read
Allbridge Core paused its cross-chain bridge after a $1.65 million exploit on its Solana deployment. The attacker used a $1.12 million USDC flash loan from Kamino to manipulate the stablecoin pool's exchange rate, then withdrew liquidity at manipulated rates and bridged stolen funds from Solana to Ethereum into privacy pools.
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