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Hacker Exploits Allbridge Core, Draining $1,660,000 Worth of Crypto From Cross-Chain Stablecoin Bridge

The Daily Hodl·July 21, 2026·1 min read
Hacker Exploits Allbridge Core, Draining $1,660,000 Worth of Crypto From Cross-Chain Stablecoin Bridge

A hacker exploited Allbridge Core, a cross-chain stablecoin bridge, stealing $1.66 million in digital assets. The attacker used a flash loan to manipulate the swap logic of Solana liquidity pools. Allbridge published a post-mortem detailing the exploit, which occurred over the weekend.

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