Wanchain bridge loses 515M NIGHT tokens in $10M exploit
ADA still climbed 8% on a Cardano hard-fork tailwind while NIGHT slid 30% to a record low after an attacker exploited Wanchain's Cardano-to-BNB bridge, with seven exchanges now freezing…
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ADA still climbed 8% on a Cardano hard-fork tailwind while NIGHT slid 30% to a record low after an attacker exploited Wanchain's Cardano-to-BNB bridge, with seven exchanges now freezing…
If Kelp's Telegram screenshots hold, the $292M loss wasn't Kelp's misconfiguration — it was a verifier design LayerZero reviewed for 2.5 years, then blamed on the victim after Lazarus drained the…
The network halt is the headline. The signal is the attack shape: a thin-liquidity governance token pumped 100x in 20 minutes, then used as collateral. Same mechanic as the 2022 Mango Markets exploit.
Hoskinson pinned the exploit on AI-driven attack tooling, turning a single cross-chain drain into a sector-wide security story for every bridge operator.
Terra's UST stablecoin and LUNA token erased $60 billion in days. Here is how an algorithmic stablecoin death-spiralled, and what it taught crypto.