Security
Allbridge Halts Core Bridge After $1.65M Flash Loan Exploit
The Defiant·July 20, 2026·1 min read
Allbridge halted its core bridge after a $1.65 million flash loan exploit. The attacker used a $1.12 million Kamino flash loan to skew Allbridge's Solana stablecoin pools, then bridged the proceeds to Ethereum. Security firms are investigating the incident, which underscores ongoing risks in cross-chain bridge protocols.
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