The attacker used a $1.12 million flash loan from Kamino to manipulate pool ratios, enabling them to withdraw assets at favorable rates before bridging funds.

Allbridge lost roughly $1.65 million in a cross-chain exploit, with the attacker bridging stolen funds from Solana to Ethereum and swapping into ETH.

Allbridge Core paused its protocol after a reported $1.65 million exploit in which an attacker allegedly used a flash loan to manipulate a stablecoin liquidity pool.

Security firms PeckShield and CertiK flagged that the attacker has bridged the stolen funds from Solana to Ethereum.

Exploit Allbridge su Solana: attacco da 1,65 milioni tramite un flash loan, liquidità a rischio. Leggi per saperne di più.

The attacker used a $1.12 million flash loan from Kamino to manipulate pool ratios, enabling them to withdraw assets at favorable rates before bridging funds.

Scopri come l'attacco flash loan ad Allbridge ha prosciugato 1,65 milioni, rivelando le vulnerabilità nei bridge DeFi.

Allbridge paused its Core cross-chain bridge after an attacker drained about $1.65M from its Solana stablecoin pools using a Kamino flash loan, security firms said.