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Home›Crypto›Market Structure›Allbridge Core pauses protocol after a $1.65 million f…

Allbridge Core pauses protocol after a $1.65 million flash loan exploit

The attacker reportedly bridged the stolen funds from Solana to Ethereum after the exploit, according to PeckShield and CertiK via The Block.

Reported · Written up by our desk · Market Structure

Allbridge Core has paused its protocol following a flash loan exploit tied to $1.65 million, according to The Block.

Security firms PeckShield and CertiK flagged that the attacker bridged the stolen funds from Solana to Ethereum after the incident, the outlet reported.

The protocol pause indicates Allbridge is taking immediate steps to contain the impact while investigators trace the funds across networks, as described by The Block.

Latest closeEthereum $1,898.87 ▲1.5%|Solana $77.54 ▲1.6%

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Sources

The BlockAllbridge Core pauses protocol after $1.65 million flash loan exploit: onchain analysts

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