🚨 CRYPTO BRIDGE EXPLOITED — ATTACKERS WITHDRAW ASSETS WITHOUT DEPOSITING FUNDS!
Security firm Blockaid flagged a suspected exploit affecting the WAX multichain bridge on October 22!
🔴 52,986 $USDC
🔴 21,558 $USDT
🔴 840 DAI
🔴 2.55 WETH
🔴 0.11 WBTC
💀 THE SHOCKING TWIST?
Attackers allegedly exploited a NEGATIVE WITHDRAWAL FEE vulnerability!
The bridge reportedly released assets on $SOL and $ETH networks without receiving matching deposits.
Blockaid initially warned that the flaw remained unpatched.
Meanwhile, South Korean exchanges Upbit and Bithumb issued trading cautions for $WAXP .
⚠️ The investigation is preliminary. Neither Solana nor Ethereum itself was reported compromised.
HOW MANY MORE CRYPTO BRIDGES ARE VULNERABLE?
#CryptoHack #WAXP #DeFi #BlockchainSecurity
Security firm Blockaid flagged a suspected exploit affecting the WAX multichain bridge on October 22!
🔴 52,986 $USDC
🔴 21,558 $USDT
🔴 840 DAI
🔴 2.55 WETH
🔴 0.11 WBTC
💀 THE SHOCKING TWIST?
Attackers allegedly exploited a NEGATIVE WITHDRAWAL FEE vulnerability!
The bridge reportedly released assets on $SOL and $ETH networks without receiving matching deposits.
Blockaid initially warned that the flaw remained unpatched.
Meanwhile, South Korean exchanges Upbit and Bithumb issued trading cautions for $WAXP .
⚠️ The investigation is preliminary. Neither Solana nor Ethereum itself was reported compromised.
HOW MANY MORE CRYPTO BRIDGES ARE VULNERABLE?
#CryptoHack #WAXP #DeFi #BlockchainSecurity