Tag: Cryptocurrency/Blockchain
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Cross-chain token bridge ‘Nomad’ compromised, $200M stolen so far: Report.
On Monday, an attack was made on the Nomad cross-chain token bridge, and the attackers took almost all of the cash from the protocol. Due to the hack, nearly $200 million worth of cryptocurrency was lost. Crypto traders routinely use many alternative blockchains, such as Ethereum, Avalanche, and Solana, indistinguishable from the uninitiated. TokTransferring tokens…