Nomad Bridge Hacked, GLMR Price Dropped 20%

It is estimated that around $200 million in WBTC, WETH and USDC was stolen as a result of the hack attack on the Nomad Blockchain bridge last night.

Yesterday evening (TSI 1:56) a Twitter user nomad Rumors began to circulate that an attack was taking place on the network as a result of drawing attention to abnormal movements on its network. the focal point of the rumors Nomad bridge working on Exploiting a vulnerability in the replica contract As a result of this abuse, cyber attackers managed to withdraw large amounts of crypto money to their accounts. Although it is not known whether the attack was carried out by a person or a group, it can be seen on the blockchain that large sums were sent to different addresses.

nomad, Moonbeam NetworkIt is known to be used as the main bridge of (GLMR). For this reason, Moonbeam last night, hoping to prevent the attack. completely stopped the network. Also among the investors of Nomad, who were victims of the attack OpenSea and coinbaseIt is known that .

On the Nomad network according to deFiLlama data 165 million dollars locked assets seen as $650 fell down.

The first statement from the Nomad Blockchain team said, “We are aware of the incident and are actively investigating the matter.“It was in the direction. Moonbeam price after hacking 20%and at the time of writing, 0.6644 traded in dollars.

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