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Allbridge Core on Solana was attacked, resulting in losses of more than $1.1 million. According to Foresight News, Onchain Lens monitored the incident and said the attacker borrowed 1.12 million USDC through a Kamino flash loan, then used rapid USDC/USDT swaps to affect the Allbridge stablecoin pool…
Allbridge Core was attacked on Solana after the attacker borrowed $1.12 million in USDC through a Kamino flash loan, according to Onchain Lens monitoring. According to Odaily, the attacker quickly swapped USDC and USDT, distorted the Allbridge stablecoin pool ratio, and withdrew liquidity at a manip…