This latest $190 million attack on Nomad brings the total stolen in bridge exploits up to $1 billion this year 🚨
The crypto industry is reeling after a spate of fresh attacks — with the Nomad Bridge being hacked for a whopping $190 million.
Paradigm researcher @samczsun described the Nomad incident as "one of the most chaotic hacks that Web3 has ever seen.""Over 40 attackers utilized a code error that allowed them to spoof transactions — draining Nomad’s Ethereum contract of most of its funds." As panic about the attack spread, many Nomad users quickly withdrew their funds in an attempt to protect themselves.
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