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Allbridge Pauses Protocol After $1.65M Exploit Drains Stablecoin Liquidity Pools


Allbridge Pauses Protocol After $1.65M Exploit Drains Stablecoin Liquidity Pools

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Cross-chain stablecoin bridge, Allbridge Core, suffered a security exploit that resulted in losses of approximately $1.65 million, according to blockchain security firm PeckShield.

The firm said the attacker has already bridged the stolen funds from Solana to Ethereum.

Read the article at CryptoPotato

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