โ ๏ธ Allbridge Core Halted After $1.65M Flash Loan Exploit on Solana
Cross-chain bridge Allbridge Core paused operations today after an attacker used a $1.12M flash loan from Kamino to manipulate stablecoin pool ratios and drain ~$1.65M. Stolen funds were quickly bridged to Ethereum and routed through privacy protocols, making recovery unlikely. The team is urging all liquidity providers to withdraw funds immediately. Not financial advice. Are DeFi bridges still too risky for large positions?
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