Nervos Network’s Force Bridge suffered a loss of approximately 3 million USD due to an exploit. The hacker accessed and transferred various assets including ETH, USDT, and USDC, converting them into ETH and subsequently laundering the funds.
Post-incident, Magickbase paused Bridge’s operations for a security evaluation. This breach demonstrates ongoing risks in the DeFi sector, triggering concerns over smart contract vulnerabilities despite robust security measures.
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