Crypto platform Wormhole hacked for an estimated $322 million (largest hack so far)

  • A threat actor has abused a vulnerability in the Wormhole cryptocurrency platform to steal an estimated $322 million worth of Ether currency.
  • According to reports, the attacker stole crypto-assets worth $322.8 million at the time of the attack, and which have depreciated to $294 million due to price fluctuations following news of the hack.
  • Once Wormhole formally confirms the amount of stolen funds, the incident will likely become the largest hack of a cryptocurrency platform so far this year, and the second-largest hack of a decentralized finance platform of all time, according to data compiled by the DeFiYield project.

[Via]

Picture of Editor

Editor

You may also like

Get the latest

Lorem ipsum dolor sit amet, consectetur adipiscing elit.

Hot news

Travel

Lorem ipsum dolor sit amet consectetur adipiscing elit dolor

Most popular