Allbridge Core halted after $1.65M Solana exploit
Allbridge Core has paused its cross-chain stablecoin protocol after a security incident on Solana that PeckShield estimated at about $1.65 million. Summary Allbridge paused Core after a Solana exploit drained about $1.65 million, according to PeckShield estimates. The attacker used a $1.12 million USDC flash loan to quickly distort stablecoin pool rates. Allbridge urged liquidity…
