Feb 2, 2022

$323 million in ETH stolen from cross-chain protocol Wormhole

Posted by in categories: blockchains, climatology, cosmology, cryptocurrencies, engineering, environmental, finance

Ben RayfieldWeather control tech exists, to some extent. EMP weapons exist. If there was a 477 mile long lightning, it was probably either due to the sun or is a weapon or a terraforming experiment.

Quinn SenaAuthor.


Genevieve Klien shared a link.

According to a series of etherscan transactions, an attacker has exploited Wormhole, a bridge between the Ethereum and Solana blockchains, for close to $323 million in ETH.

Wormhole is a bridging protocol that enables assets to move across various blockchain protocols. When a user sends assets from one chain to another, the bridge locks the assets and mints a wrapped version of the funds on the destination chain.

It is not yet clear how the attacker executed the exploit, but it resulted in the theft of 120k wETH, worth about $323 million at current prices. Etherscan transaction records detail the theft of 93,000 of the exploited ETH. This is one of the largest exploits of a decentralized finance protocol to date.

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