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Wormhole cryptocurrency platform hacked, crooks stole $326 million, the second-biggest hack of a DeFi platform

  • February 3, 2022
  • 1 reply
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Jasper_The_Rasper
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February 3, 2022  By Pierluigi Paganini

 

Threat actors have stolen $325 million in cryptocurrency leveraging a bug in the Wormhole communication bridge.

Wormhole, one of the most popular bridges that links the Ethereum and Solana blockchains, lost about $325 million in an attack that took place on Wednesday.

This is the second-biggest hack of a DeFi platform ever, just after the $600 million Poly Network security breach. Experts pointed out that this is largest attack to date on Solana, which is a high-performance blockchain like Ethereum and that is increasing its popularity thanks to the interest in the non-fungible token (NFT) and decentralized finance (DeFi) ecosystems.

 

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TylerM
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  • Sr. Security Analyst & Community Manager
  • 1274 replies
  • February 3, 2022

I made a post about this last night in Crypto Corner as well - complete with memes :)

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