AllianceBlock Token Plunges 51% After $5M Exploit

by Jeremy

AllianceBlock has paused all exercise on its bridge following the assault, which occurred Wednesday afternoon. Throughout the exploit, a Polygon pockets accessed 112 million ALBT tokens, bridging them from the Polygon blockchain to the Ethereum blockchain. The hacker additionally received 500,000 USDC from dumping Bonq Euro (BEUR) tokens.

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