In Second Largest DeFi Hack Ever, Blockchain Bridge Loses $320M Ether
Jacquelyn Melenik reports:
Wormhole, one of the largest bridges between Solana and other blockchains, has been hacked for about $320 million, or 120,000 ether — making it the second largest DeFi hack to date.
The interoperability protocol confirmed the exploit in a tweet Wednesday evening.
“ETH will be added over the next hours to ensure wETH is backed 1:1,” the protocol wrote. “More details to come shortly. We are working to get the network back up quickly.”
Read more at Blockworks.
Then see this update where Wormhole claims all funds are “safe.”