Every Zipp story tagged #BridgeHack, newest first.
The dollar loss is modest at $770K, but the absurdity ratio is the real story: a 25-cent deposit minting 46 billion unbacked tokens pushes institutional flow further toward audited bridge incumbents.
Ledger's CTO publicly disputes the framing, comparing the drain to the Ronin hack while exchanges freeze LBTC. Blockstream says the SideSwap key was used, not compromised.
Fear & Greed at 27 and BTC dominance at 56.4% frame a cautious market, while bridge security and SEC scrutiny add separate risks.
A second attacker drained the bridge using the identical contract and entry path as the May exploit, meaning the patch either shipped late or did not actually close the vulnerability class.
Blockaid flags the loss to a third-party bridge, not Arbitrum's native one, and Offchain Labs says the core bridge is unaffected while it investigates.
Hoskinson turned the exploit into a policy pitch for zero-knowledge over legacy bridges, but the 43% crash to an all-time low shows how exposed even ZK-native chains still are when they rely on…
The attacker bridged stolen funds from Solana to Ethereum, and the protocol's pause is the kind of containment move that signals a live, in-flight incident rather than a post-mortem.
A 1,000 $eBTC mint for free, a cross-chain bridge hit, and a THORChain swap drain — the pattern of cheap, repeatable exploits is what should worry protocols running live TVL.
The attacker walked away with 103.6 tBTC, 1,625 ETH, and 147K USDC — and has already consolidated the haul into a single 5,402 ETH wallet.
The attack drained 103.6 tBTC, 1,625 ETH, and 147K USDC — small next to April's $293M Kelp DAO hit, but it confirms Phemex's pattern read: bridge and cross-chain messaging rails, not smart contracts,…
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…
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