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Over $300 Million in Cryptocurrency Stolen in Wormhole Hack

February 3, 2022

Via: Security Week

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Wormhole is a bridge that connects various blockchains, including Ethereum, Solana, Terra, Binance Smart Chain, Polygon, Avalanche, and Oasis. One of its main features is a token bridge that allows users to bridge wrapped assets between these blockchains.

The service announced on Wednesday that the Wormhole network had been shut down “for maintenance” as it had started looking into a potential exploit.

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