Cryptocoins Exchanges / Binance - 2 years ago
Wormhole Recovers Funds Following $320 Million Theft
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Cryptocoins Exchanges / Binance - 2 years ago
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More / Etherum Reddit - 2 years ago
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Cryptocoins News / NewsBTC - 2 years ago
The Solana price has been on an upswing ever since the bloodbath that followed DeFi’s largest hack of 2022. The Wormhole network stated that stolen money had been restored, giving Solana price some much-needed relief. Related Reading | Solana price...
Cryptocoins News / The Cointelegraph - 2 years ago
Welcome to the latest edition of Cointelegraph’s decentralized finance newsletter.It’s been a tumultuous week of doxxing, hacks, bailouts and new highs in the decentralized finance space. Read on to recap the most impactful stories of the last seven...
More / Etherum Reddit - 2 years ago
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More / Etherum Reddit - 2 years ago
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More / Etherum Reddit - 2 years ago
Who did it? More so, what can be inferred by the amount they stole. Like $200M? That in itself is ballsy. Likely to attract attention if the world's FBI, Interpol and what not. They think they can get away with that much. It's not easy to get...
by COINS NEWS - 2 years ago
So, the other day there was an ELI5 here about the recent Wormhole hack. That post was completely wrong, however. Here's my take on a proper one. So, how did the hack happen? Lets use a traditional bank to represent Wormhole, and imagine that you...
by COINS NEWS - 2 years ago
Yesterday, the Wormhole bridge one of Solana's biggest bridges lost $320m in a hack. Within hours, a trading desk Jump Capital agreed to replenish the entire amount so that the liquidations calamity is avoided. The loss of the peg due to th...
Bitcoin News / Bitcoin.com - 2 years ago
On February 2, 2022, the Wormhole Network’s ethereum solana bridge was exploited for 120,000 WETH (wrapped ethereum) worth $320 million and the following day, the team explained that “all funds have been restored and Wormhole is ba...
Cryptocoins News / The Cointelegraph - 2 years ago
On Thursday, Jump Crypto, a crypto venture capital firm that owns Certus One, the developer of the Wormhole token bridge, announced it had deposited 120 thousand Ether (ETH) into a Solana-Ethereum bridge that suffered a devastating exploit. The day p...
Bitcoin News / Bitcoinist - 2 years ago
Yesterday, an exploit on the Wormhole Bridge that connects Ethereum, and Solana allowed bad actors to steal over $300 million in funds. One of the worst hacks in recent history, users saw their funds completely drained from the interoperability proto...
More / Etherum Reddit - 2 years ago
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Cryptocoins News / NewsBTC - 2 years ago
Wormhole token bridge that links the Ethereum and Solana blockchains, seemingly an unimportant piece of tech for its function, lost over $321 million Wednesday afternoon. This is the largest attack to date on Solana. A competitor to Ethereum that’s...
Cryptocoins News / The Cointelegraph - 2 years ago
Solana (SOL) became one of the worst performers among the top cryptocurrencies on Feb. 3 as traders assessed its links with the second-biggest hack to date.$325M worth of wETH goneSOL price dropped by 5.50% to below $96.50 as Wormhole, a bridge betwe...
Cryptocoins News / CoinJournal - 2 years ago
Solana's price has taken a hit again after attempting to correct the recent drop. This time the price is dropping after a bridge between Solana and Ethereum, called Wormhole Bridge, was hacked resulting in a loss of 120000 wrapped ETH with an estim...
Cryptocoins News / The Cointelegraph - 2 years ago
The Wormhole token bridge experienced a security exploit on Wednesday, resulting in the loss of 120,000 Wrapped Ether (wETH) tokens ($321 million) from the platform.Wormhole is a token bridge that allows users to send and receive crypto between Ether...
More / Etherum Reddit - 2 years ago
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Bitcoin News / Bitcoin.com - 2 years ago
Reports indicate that the Wormhole Network’s ethereum solana bi-directional bridge has been exploited by an attacker for *93,750 ether or more than $250 million using today’s ethereum exchange rates. The developers behind the Wormhole...
by COINS NEWS - 2 years ago
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by COINS NEWS - 2 years ago
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by COINS NEWS - 2 years ago
https://mobile.twitter.com/LefterisJP/status/1488977440940638216 The hacker took over 80,000 Ethereum and ran with it. Now they are offering an award if the crypto is returned... The hacker then took all that Ethereum and exchanged it for Solana. 480...
More / Etherum Reddit - 2 years ago
According to a series of etherscan transaction records, an attacker has exploited Wormhole, a bridge between the Ethereum and Solana blockchains, for close to $256 million in ETH. Wormhole is a bridging protocol that enables assets to move across var...
by COINS NEWS - 2 years ago
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More / Etherum Reddit - 2 years ago
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