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.

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.