'Quantum-Resistant' Blockchain QANplatform Suffers Bridge Hack for Over $1 Million
Layer 1 blockchain QANplatform, which touts itself as resistant to attacks aided by quantum computing power, was today the target of a bridge hack that resulted in the theft of 1.4 billion QANX tokens (just over a million dollars). Blockchain security company Peckshield was the first to flag the attack in a QANplatform.
Shortly after Peckshield got in touch, QANplatform tweeted its own announcement, asking people not to perform any transactions with $QANX. A follow-up tweet said that all trading, withdrawals, and deposits on centralized exchanges had been paused. Blockchain bridges, which connect different blockchain ecosystems, have become a common target among crypto hackers. Earlier this year, Axie Infinity developer Sky Mavis was the target of one of the largest hacks of all time.
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