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Nomad crypto bridge loses $200 million in ‘chaotic’ hack
Aug. 2, 2022, 3:43 p.m. | Corin Faife
The Verge - All Posts www.theverge.com
Illustration by Alex Castro / The Verge
After a few quiet months, it’s happened again: another blockchain bridge hack with losses in the hundreds of millions of dollars.
Nomad, a cryptocurrency bridge that lets users swap tokens between blockchains, is the latest to be hit after a frenzied attack on Monday, which left almost $200 million of its funds drained.
The hack was acknowledged by the Nomad project’s official Twitter account on Monday, August 1st, initially as an “incident” that …
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