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Cross-chain protocol Allbridge halts after $1.65 million flash loan exploit

CoinDesk·July 20, 2026·1 min read
Cross-chain protocol Allbridge halts after $1.65 million flash loan exploit

Cross-chain protocol Allbridge halted after a $1.65 million flash loan exploit. The attacker used a $1.12 million flash loan from Kamino to manipulate pool ratios, enabling withdrawal of assets at favorable rates before bridging funds. The incident led to a halt in operations.

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