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allbridge

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Nomi Khan Crypto
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🚨 Security Alert Cross-chain protocol Allbridge Core has suffered a major exploit on the Solana network, with over $1.1 million reportedly stolen. $BTC {spot}(BTCUSDT) $SOL {spot}(SOLUSDT) The attacker allegedly used a Kamino flash loan to manipulate a stablecoin pool exchange rate and drain funds. This incident highlights the ongoing security risks in DeFi and the importance of robust smart contract protection. #Allbridge #Solana #DeFi #AsianStocksRiseOnChipmakerRebound
🚨 Security Alert

Cross-chain protocol Allbridge Core has suffered a major exploit on the Solana network, with over $1.1 million reportedly stolen.
$BTC
$SOL

The attacker allegedly used a Kamino flash loan to manipulate a stablecoin pool exchange rate and drain funds.

This incident highlights the ongoing security risks in DeFi and the importance of robust smart contract protection.

#Allbridge #Solana #DeFi #AsianStocksRiseOnChipmakerRebound
Allbridge Core Suffers Solana-Based Attack, Losing Over $1.1 Million   Cross-chain protocol Allbridge Core was attacked on the Solana network, with over $1.1 million in funds reportedly stolen through the manipulation of a stablecoin pool exchange rate. The attacker utilized a flash loan from Kamino to exploit the vulnerability.$SOL {future}(SOLUSDT) #Allbridge
Allbridge Core Suffers Solana-Based Attack, Losing Over $1.1 Million

Cross-chain protocol Allbridge Core was attacked on the Solana network, with over $1.1 million in funds reportedly stolen through the manipulation of a stablecoin pool exchange rate. The attacker utilized a flash loan from Kamino to exploit the vulnerability.$SOL
#Allbridge
⚖️ Cross-Chain Security After Allbridge: Lessons from a $1.65M exploit pause On July 20, 2026, the Allbridge exploit pausing its cross-chain bridge raises fundamental questions about interoperability's future. A $1.65M exploit may seem small in crypto terms, but it underscores persistent security challenges facing bridge protocols. Cross-chain bridges have become critical infrastructure, yet they remain the most targeted attack surface in the ecosystem. The industry response — pausing operations, conducting audits, and considering redesigns — reflects a maturing approach to security incidents. However, each exploit erodes user confidence. The future likely belongs to trust-minimized bridges using cryptographic verification rather than multi-sig governance. 📌 Key Takeaway: Every bridge exploit accelerates the industry toward trust-minimized interoperability — the hard way, but the necessary way. #Allbridge #CrossChain #BridgeSecurity #DeFi #BinanceAlphaAlert
⚖️ Cross-Chain Security After Allbridge: Lessons from a $1.65M exploit pause
On July 20, 2026, the Allbridge exploit pausing its cross-chain bridge raises fundamental questions about interoperability's future. A $1.65M exploit may seem small in crypto terms, but it underscores persistent security challenges facing bridge protocols. Cross-chain bridges have become critical infrastructure, yet they remain the most targeted attack surface in the ecosystem.
The industry response — pausing operations, conducting audits, and considering redesigns — reflects a maturing approach to security incidents. However, each exploit erodes user confidence. The future likely belongs to trust-minimized bridges using cryptographic verification rather than multi-sig governance.

📌 Key Takeaway:
Every bridge exploit accelerates the industry toward trust-minimized interoperability — the hard way, but the necessary way.

#Allbridge #CrossChain #BridgeSecurity #DeFi
#BinanceAlphaAlert
⚠️ Lessons From the Allbridge $1.65M Exploit: What the Hack Teaches About Cross-Chain Security On July 20, 2026, Allbridge paused operations after a $1.65M exploit highlighted persistent risks in cross-chain bridge technology. Attackers exploited a smart contract vulnerability in Allbridge's liquidity pool mechanism, draining funds before the protocol could halt transactions. The incident underscores a critical lesson: bridges remain the most targeted infrastructure in crypto. Each cross-chain message and token lock introduces surface area for potential exploits. Security audits, bug bounties, and gradual rollout of bridge features are essential defenses. 📌 Key Takeaway: The Allbridge exploit reminds us that cross-chain bridges are high-value targets — rigorous auditing and monitoring are non-negotiable for bridge security. #Allbridge #BridgeSecurity #CrossChain #Adoption #BinanceAlphaAlert
⚠️ Lessons From the Allbridge $1.65M Exploit: What the Hack Teaches About Cross-Chain Security
On July 20, 2026, Allbridge paused operations after a $1.65M exploit highlighted persistent risks in cross-chain bridge technology. Attackers exploited a smart contract vulnerability in Allbridge's liquidity pool mechanism, draining funds before the protocol could halt transactions.
The incident underscores a critical lesson: bridges remain the most targeted infrastructure in crypto. Each cross-chain message and token lock introduces surface area for potential exploits. Security audits, bug bounties, and gradual rollout of bridge features are essential defenses.

📌 Key Takeaway:
The Allbridge exploit reminds us that cross-chain bridges are high-value targets — rigorous auditing and monitoring are non-negotiable for bridge security.

#Allbridge #BridgeSecurity #CrossChain #Adoption
#BinanceAlphaAlert
Allbridge halted its Core protocol after a $1.65M exploit #Allbridge paused its bridge after a $1.65M exploit in which the attacker allegedly used a flash loan and rapid swaps to manipulate stablecoin exchange rates. The attacker used a $1.12M flash loan from #Solana -based liquidity protocol #Kamino to manipulate stablecoin pool ratios by rapidly swapping USDC for USDT. They then withdrew funds at favorable exchange rates and laundered the stolen assets through privacy protocols. Allbridge said user liquidity remains safe and Allbridge Next is operating normally. It plans to relaunch Core without liquidity pools, routing transfers through CCTP and #LayerZero to eliminate pool imbalance risks. 👉 theblock.co/post/408855/allbridge-core-exploit
Allbridge halted its Core protocol after a $1.65M exploit

#Allbridge paused its bridge after a $1.65M exploit in which the attacker allegedly used a flash loan and rapid swaps to manipulate stablecoin exchange rates. The attacker used a $1.12M flash loan from #Solana -based liquidity protocol #Kamino to manipulate stablecoin pool ratios by rapidly swapping USDC for USDT. They then withdrew funds at favorable exchange rates and laundered the stolen assets through privacy protocols.

Allbridge said user liquidity remains safe and Allbridge Next is operating normally. It plans to relaunch Core without liquidity pools, routing transfers through CCTP and #LayerZero to eliminate pool imbalance risks.

👉 theblock.co/post/408855/allbridge-core-exploit
⚠️ Allbridge Pauses Cross-Chain Bridge After $1.65M Exploit: Security incident forces bridge shutdown as investigation begins On July 20, 2026, Allbridge announces a pause to its cross-chain bridge operations following a $1.65 million security exploit. The incident adds to the growing list of bridge vulnerabilities that have challenged the DeFi sector. The exploit highlights the persistent security challenges facing cross-chain infrastructure. Bridge protocols have historically been prime targets for attackers, with losses often running into the hundreds of millions across various incidents. The Allbridge team has confirmed they are investigating the incident and working with security professionals. Users are advised to monitor official channels for updates on fund recovery and bridge reopening timelines. 📌 Key Takeaway: The $1.65M Allbridge exploit is another reminder that cross-chain bridges remain the most vulnerable point in DeFi infrastructure — security diligence is paramount. #Allbridge #Security #DeFi #BinanceAlphaAlert
⚠️ Allbridge Pauses Cross-Chain Bridge After $1.65M Exploit: Security incident forces bridge shutdown as investigation begins
On July 20, 2026, Allbridge announces a pause to its cross-chain bridge operations following a $1.65 million security exploit. The incident adds to the growing list of bridge vulnerabilities that have challenged the DeFi sector.
The exploit highlights the persistent security challenges facing cross-chain infrastructure. Bridge protocols have historically been prime targets for attackers, with losses often running into the hundreds of millions across various incidents.
The Allbridge team has confirmed they are investigating the incident and working with security professionals. Users are advised to monitor official channels for updates on fund recovery and bridge reopening timelines.

📌 Key Takeaway:
The $1.65M Allbridge exploit is another reminder that cross-chain bridges remain the most vulnerable point in DeFi infrastructure — security diligence is paramount.

#Allbridge #Security #DeFi
#BinanceAlphaAlert
[Cross-Chain Protocol Hacked Again! $1.66 Million Vanished Overnight, DeFi Security Once More Rings the Alarm!🚨💸] The crypto market is in trouble again 😱 The latest reports show that the cross-chain stablecoin protocol Allbridge Core was hit by a hacker attack, and the attackers successfully stole approximately $1.66 million worth of crypto assets 💥🪙 Many people may ask: 👉 What is a cross-chain protocol? In simple terms, it’s like a “digital bridge” 🌉 It helps funds move freely between different blockchains. For example, moving assets from Ethereum to Solana often relies on cross-chain protocols to get it done 🔄$SOL But here’s the issue ⚠️ Because funds are concentrated and the code is complex, cross-chain protocols have long been one of the hackers’ favorite targets 👀🕳️ Over the past few years, many well-known cross-chain projects have been attacked, with losses sometimes reaching hundreds of millions of dollars 😨💸 This time, although $1.66 million isn’t the biggest loss in history, it once again reminds the market: 👉 The biggest risk in DeFi doesn’t necessarily come from market volatility—it may come from security vulnerabilities. 🔐🚨 For regular investors, the most important thing is not panic, but to improve security awareness 🧠✅$BTC For example: ✅ Use platforms that have been verified over the long term ✅ Don’t put all your assets into a single protocol ✅ Pay attention to whether the project has passed authoritative security audits 🔍🛡️ 📌 Allbridge Core was attacked again, showing that there are still plenty of opportunities in DeFi 🚀—but security issues remain one of the biggest challenges in the industry. Making money matters, but protecting your assets matters more 💰🔒$ETH Click the profile to follow me—every day, I’ll be the first to help you understand crypto market hotspots, project updates, hacker incidents, and market trends, in the simplest way possible, so you can catch the next opportunity!🚀📈 #韩国散户杠杆持仓降至三个月低点 #伊朗总统称与美国全面开战 #Allbridge #跨链桥 #英伟达季度营收816亿美元
[Cross-Chain Protocol Hacked Again! $1.66 Million Vanished Overnight, DeFi Security Once More Rings the Alarm!🚨💸]

The crypto market is in trouble again 😱

The latest reports show that the cross-chain stablecoin protocol Allbridge Core was hit by a hacker attack, and the attackers successfully stole approximately $1.66 million worth of crypto assets 💥🪙

Many people may ask:

👉 What is a cross-chain protocol?

In simple terms, it’s like a “digital bridge” 🌉
It helps funds move freely between different blockchains.

For example, moving assets from Ethereum to Solana often relies on cross-chain protocols to get it done 🔄$SOL

But here’s the issue ⚠️

Because funds are concentrated and the code is complex, cross-chain protocols have long been one of the hackers’ favorite targets 👀🕳️

Over the past few years, many well-known cross-chain projects have been attacked, with losses sometimes reaching hundreds of millions of dollars 😨💸

This time, although $1.66 million isn’t the biggest loss in history, it once again reminds the market:

👉 The biggest risk in DeFi doesn’t necessarily come from market volatility—it may come from security vulnerabilities. 🔐🚨

For regular investors, the most important thing is not panic, but to improve security awareness 🧠✅$BTC

For example:

✅ Use platforms that have been verified over the long term
✅ Don’t put all your assets into a single protocol
✅ Pay attention to whether the project has passed authoritative security audits 🔍🛡️

📌 Allbridge Core was attacked again, showing that there are still plenty of opportunities in DeFi 🚀—but security issues remain one of the biggest challenges in the industry. Making money matters, but protecting your assets matters more 💰🔒$ETH

Click the profile to follow me—every day, I’ll be the first to help you understand crypto market hotspots, project updates, hacker incidents, and market trends, in the simplest way possible, so you can catch the next opportunity!🚀📈
#韩国散户杠杆持仓降至三个月低点 #伊朗总统称与美国全面开战 #Allbridge #跨链桥 #英伟达季度营收816亿美元
I kept processing this for a while. Allbridge paused its cross-chain protocol after a $1.65M flash loan attack. The attacker manipulated stablecoin pools on Solana and then moved the funds to Ethereum. All of this according to security firms’ reports. This isn’t the first time something like this has happened with bridges. $SOL #FlashLoan #Allbridge Which protocol do you think comes next?
I kept processing this for a while.

Allbridge paused its cross-chain protocol after a $1.65M flash loan attack.

The attacker manipulated stablecoin pools on Solana and then moved the funds to Ethereum.

All of this according to security firms’ reports.

This isn’t the first time something like this has happened with bridges.

$SOL

#FlashLoan #Allbridge

Which protocol do you think comes next?
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🚨 Expensive Lesson from Allbridge Exploitation $1.7M! How Did It Get Broken In? 🚨 Remember the incident when Allbridge had to pause their core bridge? This is proof that DeFi still has fatal vulnerabilities if we ignore the mechanisms. Here’s how the attacker drained the Solana pool of Allbridge in a single transaction: 1️⃣ Borrow Funds: The attacker borrows $1.1M USDC from Kamino Finance. 2️⃣ Shake the Price: The funds are used to manipulate and break the price ratio in the Allbridge pool. 3️⃣ Drain the Funds: By exploiting the broken price, the attacker withdraws far more liquidity than they should. 4️⃣ Repay the Debt & Flee: The Kamino loan is repaid, and the remaining profit is immediately taken away. Domino Effect on LPs (Liquidity Providers): Because the system is automatic, the deficit from this Solana pool briefly spread to other chains. Luckily, what was drained was stablecoin, so direct exposure to price volatility $SOL b can be mitigated. Insight for Us: In the world of DeFi, Liquidity Providers always take the front-line market risk when an exploit occurs until the pool’s real balance fully recovers. Always diversify and monitor the health of the pool where you farm! What do you think? Are cross-chain bridges still too risky for the long term? Discuss below 👇 $BNB $SOL #DeFi #security #solana #CryptoNews #Allbridge
🚨 Expensive Lesson from Allbridge Exploitation $1.7M! How Did It Get Broken In? 🚨

Remember the incident when Allbridge had to pause their core bridge? This is proof that DeFi still has fatal vulnerabilities if we ignore the mechanisms.

Here’s how the attacker drained the Solana pool of Allbridge in a single transaction:
1️⃣ Borrow Funds: The attacker borrows $1.1M USDC from Kamino Finance.
2️⃣ Shake the Price: The funds are used to manipulate and break the price ratio in the Allbridge pool.
3️⃣ Drain the Funds: By exploiting the broken price, the attacker withdraws far more liquidity than they should.
4️⃣ Repay the Debt & Flee: The Kamino loan is repaid, and the remaining profit is immediately taken away.

Domino Effect on LPs (Liquidity Providers):
Because the system is automatic, the deficit from this Solana pool briefly spread to other chains. Luckily, what was drained was stablecoin, so direct exposure to price volatility $SOL b can be mitigated.

Insight for Us:
In the world of DeFi, Liquidity Providers always take the front-line market risk when an exploit occurs until the pool’s real balance fully recovers. Always diversify and monitor the health of the pool where you farm!

What do you think? Are cross-chain bridges still too risky for the long term? Discuss below 👇
$BNB $SOL

#DeFi #security #solana #CryptoNews #Allbridge
🚨 Alert: Allbridge Core was attacked, with losses of about $1.65 million. The attackers will route the stolen funds from the Solana bridge to Ethereum. Allbridge says it has paused the protocol as a precaution and urges affected liquidity providers to withdraw funds immediately. #比特币 #Allbridge #bridge attack
🚨 Alert: Allbridge Core was attacked, with losses of about $1.65 million. The attackers will route the stolen funds from the Solana bridge to Ethereum. Allbridge says it has paused the protocol as a precaution and urges affected liquidity providers to withdraw funds immediately. #比特币 #Allbridge #bridge attack
Allbridge Core pauses the bridge after a $1.65 million exploit - Allbridge Core, the multi-chain bridge, has suspended operations following a $1.65 million attack. - The attack was carried out using a flash loan and fast transactions to manipulate stablecoin exchange rates. - The pause is intended to prevent further damage and investigate the cause. - Allbridge is working with the community and security experts to address the vulnerability. #BinanceSquare #CryptoNews #Allbridge #CrossChain #Stablecoin $btc $eth vlikevn Titanbot Source: CoinTelegraph
Allbridge Core pauses the bridge after a $1.65 million exploit

- Allbridge Core, the multi-chain bridge, has suspended operations following a $1.65 million attack.
- The attack was carried out using a flash loan and fast transactions to manipulate stablecoin exchange rates.
- The pause is intended to prevent further damage and investigate the cause.
- Allbridge is working with the community and security experts to address the vulnerability.

#BinanceSquare #CryptoNews #Allbridge #CrossChain #Stablecoin

$btc $eth

vlikevn Titanbot

Source: CoinTelegraph
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Bullish
Cross-chain bridge #Allbridge suffered an exploit resulting in the theft of approximately $1.65 million. The exploiter quickly bridged all the stolen funds from Solana to Ethereum and swapped them into $ETH , a common tactic to consolidate stolen assets before attempting to move or launder them. The attacker's wallets are worth monitoring in case the funds are moved again. Addresses: 0x651591b68A9c9650FB23F642162353306281ffDe FhffBraZsGn4H2LxLNToEcaHWEfWwT2UcSz4oRHb7Qdc
Cross-chain bridge #Allbridge suffered an exploit resulting in the theft of approximately $1.65 million.
The exploiter quickly bridged all the stolen funds from Solana to Ethereum and swapped them into $ETH , a common tactic to consolidate stolen assets before attempting to move or launder them.
The attacker's wallets are worth monitoring in case the funds are moved again.
Addresses:
0x651591b68A9c9650FB23F642162353306281ffDe
FhffBraZsGn4H2LxLNToEcaHWEfWwT2UcSz4oRHb7Qdc
🚨 Another тревожный signal for DeFi: Allbridge Core under attack While the market watches BTC’s moves, another high-profile incident has occurred in DeFi. ⚠️ The Allbridge Core protocol on the Solana network was attacked using a flash loan, resulting in approximately $1.65 million being withdrawn. What does this mean for the market? 🔹 Even well-established DeFi protocols remain vulnerable if asset-valuation mechanisms can be temporarily manipulated. 🔹 Before providing liquidity, it’s important to assess not only yield, but also the risks of smart contracts. 🔹 After events like these, investors often become more cautious, and capital temporarily moves into more reliable assets. 💡 Key takeaway: high returns always come with increased risk. Before using any DeFi protocol, review the audit, security history, and risk-management framework. 📊 Do you think such attacks will become more frequent in 2026, or is the DeFi industry already ready to counter them effectively? $BTC $SOL $ETH {future}(ETHUSDT) {future}(SOLUSDT) {future}(BTCUSDT) #Crypto #DeFi #Solana #Allbridge #FlashLoan
🚨 Another тревожный signal for DeFi: Allbridge Core under attack

While the market watches BTC’s moves, another high-profile incident has occurred in DeFi.

⚠️ The Allbridge Core protocol on the Solana network was attacked using a flash loan, resulting in approximately $1.65 million being withdrawn.

What does this mean for the market?

🔹 Even well-established DeFi protocols remain vulnerable if asset-valuation mechanisms can be temporarily manipulated.
🔹 Before providing liquidity, it’s important to assess not only yield, but also the risks of smart contracts.
🔹 After events like these, investors often become more cautious, and capital temporarily moves into more reliable assets.

💡 Key takeaway: high returns always come with increased risk. Before using any DeFi protocol, review the audit, security history, and risk-management framework.

📊 Do you think such attacks will become more frequent in 2026, or is the DeFi industry already ready to counter them effectively?
$BTC $SOL $ETH



#Crypto #DeFi #Solana #Allbridge #FlashLoan
A flash loan incident has just “burned” $1.65 million on Allbridge—the cross-chain bridge was exploited as soon as the market started to recover. The attacker borrowed assets quickly, manipulated the stablecoin exchange rates in the liquidity pool, then withdrew the funds. Allbridge has temporarily paused all operations. The move is necessary, but liquidity was immediately locked, and the affected users are directly impacted. The DeFi community is once again reminded of Wormhole, Ronin, or Nomad—bridges that previously lost hundreds of millions. An old lesson that’s still new: flash loans remain a powerful weapon when liquidity pools are thin and pricing mechanisms are easy to manipulate. As a seasoned trader, I see this as a risk-management wake-up call. You shouldn’t concentrate too much capital in any single cross-chain protocol. Do your own research, diversify, and always be prepared for the worst-case scenario. #Bảomật #DeFi #FlashLoan #CrossChain #Allbridge
A flash loan incident has just “burned” $1.65 million on Allbridge—the cross-chain bridge was exploited as soon as the market started to recover. The attacker borrowed assets quickly, manipulated the stablecoin exchange rates in the liquidity pool, then withdrew the funds.

Allbridge has temporarily paused all operations. The move is necessary, but liquidity was immediately locked, and the affected users are directly impacted. The DeFi community is once again reminded of Wormhole, Ronin, or Nomad—bridges that previously lost hundreds of millions.

An old lesson that’s still new: flash loans remain a powerful weapon when liquidity pools are thin and pricing mechanisms are easy to manipulate. As a seasoned trader, I see this as a risk-management wake-up call. You shouldn’t concentrate too much capital in any single cross-chain protocol.

Do your own research, diversify, and always be prepared for the worst-case scenario.

#Bảomật #DeFi #FlashLoan #CrossChain #Allbridge
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🚨 Allbridge Solana Exploited for $1.7 Million: Timeline & What Happened to the LP! Another expensive lesson from the DeFi world. The Allbridge protocol was forced to pause its core functionality after detecting a $1.7 million exploit in their Solana stablecoin pool. How could this happen? (In just 1 Transaction!) Borrowed Capital: The attacker borrowed $1.1 million in USDC from Kamino. Price Manipulation: This large amount of funds was used to break the price balance in the Allbridge pool. Flash Arbitration: The attacker withdraws the funds using the broken exchange rate, pockets a huge profit, and immediately repays the initial loan. Ripple Effects on Other Chains The losses briefly spread to other pools and blockchain networks (chains) due to routine automatic liquidity transfers flowing into the compromised pool. Good News & Bad News? Good Side: Only stablecoins were drained, so there’s no direct exposure to SOL price declines. Bad Side: Liquidity Providers (LPs) are now bearing direct market risk. They must wait for a real-balance audit to confirm whether the remaining reserves can cover their claims. Always diversify your DeFi assets and stay alert to smart contract risks! 🛡️ $USDC $BNB $SOL #CryptoNews #SolanaUSTD #DeFi: #Allbridge #Web3Security
🚨 Allbridge Solana Exploited for $1.7 Million: Timeline & What Happened to the LP!

Another expensive lesson from the DeFi world. The Allbridge protocol was forced to pause its core functionality after detecting a $1.7 million exploit in their Solana stablecoin pool.

How could this happen? (In just 1 Transaction!)

Borrowed Capital: The attacker borrowed $1.1 million in USDC from Kamino.

Price Manipulation: This large amount of funds was used to break the price balance in the Allbridge pool.

Flash Arbitration: The attacker withdraws the funds using the broken exchange rate, pockets a huge profit, and immediately repays the initial loan.

Ripple Effects on Other Chains
The losses briefly spread to other pools and blockchain networks (chains) due to routine automatic liquidity transfers flowing into the compromised pool.

Good News & Bad News?

Good Side: Only stablecoins were drained, so there’s no direct exposure to SOL price declines.

Bad Side: Liquidity Providers (LPs) are now bearing direct market risk. They must wait for a real-balance audit to confirm whether the remaining reserves can cover their claims.

Always diversify your DeFi assets and stay alert to smart contract risks! 🛡️
$USDC $BNB $SOL

#CryptoNews #SolanaUSTD #DeFi: #Allbridge #Web3Security
Lose $1.65 million in just one flash loan transaction — Allbridge Core is exploited again, this time on Solana. The attacker borrowed $1.12 million from Kamino, manipulated the USDC/USDT pool ratio, withdrew assets at a favorable price, then moved to Ethereum. The protocol paused immediately, calling on traders who benefited from the price discrepancy to return the funds. This isn’t the first time. In 2023, Allbridge previously lost $650k on BSC. The flash-loan vulnerability once again exposed the risks of cross-chain bridges: even after improvements, attackers still find ways to exploit them. Liquidity pools are easy to manipulate when there’s no mechanism to prevent immediate price slippage. Personal take: never provide liquidity to a protocol that hasn’t been thoroughly audited or has previously been hacked. DYOR and risk management come first. The market is negative—Bitcoin is below $64k, and ETF flows are trickling in—preserving capital is the priority. #Bảomật #Solana #DeFi #FlashLoan #Allbridge
Lose $1.65 million in just one flash loan transaction — Allbridge Core is exploited again, this time on Solana. The attacker borrowed $1.12 million from Kamino, manipulated the USDC/USDT pool ratio, withdrew assets at a favorable price, then moved to Ethereum. The protocol paused immediately, calling on traders who benefited from the price discrepancy to return the funds.

This isn’t the first time. In 2023, Allbridge previously lost $650k on BSC. The flash-loan vulnerability once again exposed the risks of cross-chain bridges: even after improvements, attackers still find ways to exploit them. Liquidity pools are easy to manipulate when there’s no mechanism to prevent immediate price slippage.

Personal take: never provide liquidity to a protocol that hasn’t been thoroughly audited or has previously been hacked. DYOR and risk management come first. The market is negative—Bitcoin is below $64k, and ETF flows are trickling in—preserving capital is the priority.

#Bảomật #Solana #DeFi #FlashLoan #Allbridge
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