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Blockchain Bridge Wormhole Suffers Possible Exploit Worth Over | CryptoClan (ENG)

Blockchain Bridge Wormhole Suffers Possible Exploit Worth Over $250M

On-chain analysts called attention to a 80,000 ETH transaction from wormhole to an address currently in possession of over $250 million worth of ETH.

The hack has raised alarm in DeFi circles, as it now means that ETH that has been bridged to Solana may be unbacked.