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Alephium warns to withdraw liquidity until further notice as hackers drain $815K
May 30, 2026
< 1 min read
by Hannah Collymore
for CryptoPolitan
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AI Overview
Hackers drained approximately $815,000 from Alephium's Token Bridge on Ethereum by minting 13.76 million wrapped ALPH tokens via forged transactions, prompting the project to warn liquidity providers to pull funds immediately. The exploit highlights growing DeFi bridge security risks in May and follows other attacks such as the Verus-Ethereum bridge loss of about $11.5 million, increasing pressure on crypto bridge security, liquidity and market confidence.
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Hackers have drained approximately $815,000 from Alephium’s Token Bridge on Ethereum. They minted 13.76 million wrapped ALPH tokens from forged transactions, prompting the project to warn liquidity providers to pull their funds immediately. This exploit adds to the increasing number of bridge attacks that have occurred in May. The Verus-Ethereum bridge lost around $11.5 million...
