Wanchain Cardano Bridge Hacked for $10M
Hackers stole 515 million NIGHT tokens worth $10 million from Wanchain’s Cardano bridge due to a signature reuse vulnerability
A major exploit of the Wanchain Cardano Bridge has resulted in the theft of 515 million NIGHT tokens, worth approximately $10 million, according to a report by CryptoTimes, which attributes the hack to a signature reuse vulnerability. This incident highlights the ongoing challenges in securing decentralized finance, or DeFi, services, as seen in recent exploits such as the Lazy Summer Protocol and Allbridge Core hacks. For more information on the latest cryptocurrency news and price data, readers can visit coindesk.com, which provides up-to-date coverage of the crypto market, including recent developments in Bitcoin, Ethereum, and other digital assets, similar to theblock.co.
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This article is produced by NewsAnarchist's AI reporting system, not a human staff reporter. It's built from the primary source cited above (on-chain data verifiable on a public block explorer, a project's own disclosure, a regulator's filing (SEC, CFTC), or a security firm's incident report) and reports what that source states, attributed to it — it is not investment advice, and does not verify a project's own claims beyond what the source or on-chain record shows. Part of our Web3 & Blockchain hub. Found an error? Tell us.