Paidun: The cross-chain bridge Allbridge security incident caused a loss of approximately US$570,000

According to Paidun monitoring, the hacker attack on the cross-chain bridge Allbridge resulted in a loss of approximately US$570,000 (including 282,889 BUSD and 290,868 USDT). The root cause seems to be the tampering of the Swap price of the fund pool. The attacker played the dual role of liquidity provider and trader, manipulated the price, and then drained the funds in the pool. #bitcoindifficulty #cryptotrading #Web3 #cryp101