The Wormhole network has been exploited for 120,000 wrapped ETH (wETH) in a theft which at current Ethereum prices is valued at close to $320 million. News that the Wormhole protocol had been compromi...
Tag: Wormhole
DeFi’s second-largest exploit costs cross-chain network Wormhole over $326M
While 2021 was inarguably the year of DeFi hacks, 2022 is fast catching up to its predecessor. Although January witnessed its fair share of crypto-crime, February may soon put it in its shadow. Especi...
Hackers Steal Nearly $320 Million Worth of Crypto Assets from Wormhole
In one of the largest crypto thefts of all time, Wormhole Portal, a bridge between Solana (SOL) and other blockchains, was exploited for approximately 120k wrapped ETH. The total value of the stolen c...
Solana’s SOL Tumbles 10% After $326M Wormhole Exploit
DeFi applications use smart contracts to provide financial services, such as trading, lending, and borrowing, to users. Concerns loomed among traders and developers after the exploit. “If nobody...
Hacker Steals Over $323 Million Worth Of ETH From Cross-Chain Protocol Wormhole
Cross-chain protocol Wormhole experienced a significant hack after an attacker exploited a vulnerability in the protocol and stole nearly $323 million worth of ETH. Wormhole acts as a bridge between t...
Wormhole suffers $321 million hack
TL; DR Breakdown Wormhole suffers $321 million hack The platform bridges different blockchains The hacker breached a vulnerability in Solana The issue of scams and hacks in the crypto sector is one me...
Solana Woes Worsen in $320 Million (120K wETH) Wormhole Bridge Hack
A Solana bridge called Wormhole has been exploited for as much as $320 million according to reports emerging on Feb. 3. The team posted a notice that the bridge had been hacked losing 120,000 wrapped ...
Wormhole token bridge loses $321M in largest hack so far in 2022
The Wormhole token bridge experienced a security exploit today, resulting in the loss of 120,000 wETH tokens ($321 million) from the platform. Wormhole is a token bridge that allows users to send and ...
Blockchain Bridge Wormhole Suffers Possible Exploit Worth Over $326M
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set ...
Hacker Steals $320 Million From Solana, Ethereum Bridge Wormhole
Wormhole, a protocol that allows users to move their tokens and NFTs between Solana and Ethereum, has confirmed that it suffered an exploit of 120,000 Wrapped Ethereum, worth over $320 million—higher ...
Wormhole Network’s Cross-Chain Bridge Exploited for Over $250 Million in Ethereum – Bitcoin News
Jamie Redman Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a ...
Wormhole Bridge Attacked for $322M
Key Takeaways The blockchain bridge protocol Wormhole has experienced an attack resulting in the theft of at least 120,000 ETH. That amount is worth $322 million; earlier estimates placed the value of...
$323 million in ETH stolen from cross-chain protocol Wormhole
advertisement According to a series of etherscan transactions, an attacker has exploited Wormhole, a bridge between the Ethereum and Solana blockchains, for close to $323 million in ETH. Wormhole is a...
Solana’s Wormhole bridge gets hacked for $200 million (80K ETH)
The popular Solana Wormhole bridge has just fallen victim to hackers at an exploit of 80K ETH (212.3 million). According to Etherscan, 80,000 in Wrapped ETH (WETH) was transferred into the hacker’s wa...
Hacker Steals $250 Million From Solana, Ethereum Bridge Wormhole
Wormhole, a protocol that allows users to move their tokens and NFTs between Solana and Ethereum, has gone offline as it investigates an exploit of $254 million in Wrapped Ethereum. According to Wormh...
CoinMarketCap finally responds to Wormhole addresses issue
Late last week, a controversy arose between Shiba Inu and CoinMarketCap regarding three addresses other than Ethereum mentioned on the CMC website. The Shib Community even got into an online quarrel w...
Shiba-Inu and Coinmarketcap to Resolve Wormhole Issues? – Coinpedia – Fintech & Cryptocurreny News Media
The wormhole contracts disagreement between Shiba Inu developers and the CoinMarketCap team has been settled amicably. The meme coin’s official Twitter page revealed that talks between the two sides a...
CoinMarketCap finally reaches out to SHIB devs to fix ‘wormhole’ contract issues
It’s been quite the drama for a certain cryptocurrency over the past couple of days – Shiba Inu (SHIB) – with its vocal community part of an intense commotion on Twitter. In fact, SHIB’s community was...
Shiba Inu (SHIB) Devs Begin to Fix Recent Issue of ‘Wormhole’ Addresses’; Here’s All You Need to Know
CoinMarketCap has started to partner with the Shiba Inu team to fix recent issues related to “wormhole” addresses. CoinMarketCap has earlier listed three wormholes Shibu Inu contract addresses on thei...