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cryptonews
2022-02-03 05:42:00

The 4th Largest Crypto Theft Shows DeFi Weakness as Hacker Nets USD 325M in Solana's Wormhole

The 4th Largest Crypto Theft Shows DeFi Weakness as Hacker Nets USD 325M in Solana's Wormhole

The DeFi bridge between Solana (SOL) and other blockchains Wormhole lost wETH 120,000 (USD 325m) in a hack, once again stressing the weaknesses of this nascent sector. The team offered the hacker a USD 10m bounty if they return the funds. In their latest update (12:41 AM UTC), Wormhole confirmed that the vulnerability has been patched and they "are working to get the network back up as soon as possible."...Read More: The 4th Largest Crypto Theft Shows DeFi Weakness as Hacker Nets USD 325M in Solana's Wormhole

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