Allbridge Pauses Protocol After $1.65M Exploit Drains Stablecoin Liquidity Swimming pools
Allbridge has requested customers to withdraw liquidity instantly after a $1.65 million exploit. Cross-chain stablecoin bridge, Allbridge Core, suffered a safety exploit that resulted in losses of roughly $1.65 million, in keeping with blockchain safety agency PeckShield. The agency stated the attacker has already bridged the stolen funds from Solana to Ethereum. Allbridge Responds Allbridge…