Morning Edition · Monday, July 20, 2026Published at 1:27 AM EDT · New York
Bridge Exploit Drains Roughly $1.65 Million From Allbridge as Weekly Losses Accumulate
The attacker moved stolen funds from Solana to Ethereum, and separate proof-of-concept disclosures put additional six-figure losses on BNB Chain.
Allbridge Core, a cross-chain bridge, was exploited for roughly $1.65 million, with the attacker bridging the stolen funds from Solana to Ethereum. Allbridge said it paused the protocol as a precaution and urged affected liquidity providers…
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Bridge and Mint Exploits Sustain Heavy DeFi Losses
Over 3-6 months, recurring bridge proof-validation and unauthorized-mint exploits keep monthly DeFi losses elevated, including drains of deprecated contracts.
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