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Browse: Home / 2022 / August / 02 / Crypto Firm Nomad Loses Nearly $200 Million in Bridge Hack – Bloomberg

Crypto Firm Nomad Loses Nearly $200 Million in Bridge Hack – Bloomberg

By Securities Docket on August 2, 2022, 7:49 am

Nomad, a bridge protocol for transferring crypto tokens across different blockchains, lost close to $200 million in a security exploit on Monday, according to security firm PeckShield Inc.

The software system was drained of funds over hours and in small batches by various accounts, blockchain data shows.

Source: Crypto Firm Nomad Loses Nearly $200 Million in Bridge Hack – Bloomberg

Posted in Industry, Top | Tagged Cryptocurrency, Hackers

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