Coin Bureau|Jul 20, 2026 03:47
⚠️ALERT: ALLBRIDGE CORE SUFFERS $1.65 MILLION FLASH LOAN ATTACK
Allbridge paused its cross-chain bridge after an attacker used an USDC flash loan and rapid stablecoin swaps to manipulate exchange rates, draining roughly $1.65 million from the protocol, per PeckShield.
The attacker has bridged part of the stolen funds from Solana to Ethereum, while the full extent of the losses is still being assessed.(Coin Bureau)
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