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PANews
PANews|Oct 28, 2025 05:09
[SlowMist: The 402Bridge attack appears to stem from private key leakage, but insider involvement cannot be ruled out] SlowMist founder Yu Xian posted on the X platform stating that the ownership of the 402Bridge contract was altered, seemingly due to private key theft, but insider involvement cannot be ruled out (this claim does not imply collective wrongdoing by the project team, as it is not a typical rug pull). The domain 402bridge.fun, which was registered just two days ago, has already ceased service, and subsequently, the 'hacker' stole all USDC authorized by users to this bridge contract in bulk. This marks the first publicly reported theft case related to the 402 protocol's services.
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Timeline

Nov 27, 03:54Upbit wallet was attacked, and assets were transferred.
Nov 25, 20:10The frequency of cryptocurrency robbery cases is increasing, highlighting hidden risks.
Nov 24, 05:11Grant Cardone and Bitcoin supporters call for a boycott of JPMorgan Chase
Nov 20, 07:21GANA Payment was hacked, with losses exceeding $3.1 million.
Nov 19, 05:31The spirit of Web3 contracts has been undermined, and user assets have been stolen.
Nov 18, 10:48SEC removes cryptocurrency-specific section
Nov 18, 02:06British man sentenced to repay over $5 million for Bitcoin fraud
Nov 15, 11:29Collusion and OKX Wallet theft incident
Nov 12, 17:13Hyperliquid's HLP has been attacked again
Nov 12, 06:16Web3 security incidents in October caused losses exceeding $45.84 million.

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