Crypto protocol CrossCurve suffers $3M exploit
Crypto protocol CrossCurve has revealed that its cross-chain bridge was compromised, resulting in a loss of about $3 million across various blockchain networks.
The attack has raised new security concerns about cross-chain infrastructure, which hackers have repeatedly targeted in the crypto industry. CrossCurve revealed the attack late Sunday in a post on X, stating that its bridge was “under attack” and that a vulnerability in its smart contracts had been exploited.
The protocol warned users to immediately pause all interactions with CrossCurve while the team looks into what happened. The exploit affected several networks and demonstrated the impact that weaknesses can have on cross-chain systems. Details about the…
