$324 million stolen from blockchain platform Wormhole


Wormhole, a decentralized finance platform, confirmed on Wednesday evening that hackers stole cryptoassets worth $324 million.

The platform serves as a bridge between different blockchains and allows users to transfer cryptocurrencies. The company confirmed in a series of tweets that 120,000 wETH tokens have been stolen from the platform and the network is down for maintenance while an investigation into the attack is ongoing.

The platform’s website says “Portal is Temporarily Unavailable” in capital letters, but displays no other message. Researchers found evidence of a transfer of 80,000 ETH from Wormhole as well as another transfer of 40,000 ETH sold by the pirate on Solana. Another researcher has discovered a message from Certus One, the company behind Wormhole, emailed the hacker, offering $10 million for the details of the flaw and the return of all stolen cryptocurrencies.

The company clarifies that the hacker exploited “Solana’s VAA verification and coin tokens” in the message.

Jump Capital, which bought Certus One in August 2021, did not respond to questions sent by the editorial staff. The company has also invested in cryptocurrency platform AscendEX, which also suffered a $77.7 million hack on December 11. Just five days ago, Qubit Finance took to Twitter to plead with hackers to return more than $80 million that had been stolen from it.

These recent hacks are in line with attacks carried out last year against DeFi platforms. According to Chainalysis, at least $2.2 billion was stolen from DeFi platforms in 2021.

Source: ZDNet.com





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