Biggest Bridge Hack in Crypto History: 120K Ether Stolen

120,000 ETH was stolen from the Wormhole protocol, which acts as a bridge between Solana and Ethereum.

The value of ethereum stolen as a result of the attack at the time of writing is approximately 317 million dollars.

120 thousand ethereum He said it was stolen on his official Twitter account. in sharing “Wormhole is currently offline for investigation and network maintenance,” the company said in its first post. said. About 3 hours after that, he shared another post and said that the vulnerability in the network was fixed and they were trying to make it available again as quickly as possible.

also wrapped-ethereum (wETH) with ETH 1:1 It was stated that ETH will be added in the coming hours in order to clearly understand whether it is at the rate of

Paradigm security researcher samczsun“, said the attacker found the company’s private key or exploited the vulnerability of the bridge. It was stated that the hacker actually found a vulnerability where he could generate wETH without having to deposit ETH.

In case Wormhole returns the stolen cryptocurrencies to the hacker $10 million prize announced that he would.

Blockchain analytics firm Elliptic said in a statement that this is one of the biggest crypto thefts of all time and the second biggest theft among DeFi protocols.


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