Ethereum News

Jump Trading Backstops Wormhole’s $320M Exploit Loss: Sources

On Wednesday night, the Wormhole bridge suffered an exploit to its Solana-Ethereum bridge, with an attacker fraudulently minting 120,000 ETH worth over $320 million. The attacker moved the majority of the funds to the Ethereum main chain, while keeping 40,000 wrapped ETH on Solana and trading portions of that ether for other assets.

Show More

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button