Allbridge Core Pauses Cross-Chain Bridge after $1.65M Exploit
Allbridge, the corporate behind cross-chain stablecoin bridge Allbridge Core, stated it has paused the protocol as a precaution after a “safety incident” that reportedly noticed $1.65 million drained on Sunday. The incident affected Allbridge Core’s Solana deployment, with the attacker already there bridged the stolen funds from Solana to Ethereum earlier than shifting them into…