‘Free-for-all’ Nomad exploit drains $190M of crypto
Cross-chain bridge Nomad has fallen victim to a “free-for-all” exploit that drained around $190 million in crypto.
Just last week, Nomad announced that it had secured $22.4 million in seed funding from high-profile backers including Coinbase Ventures, Crypto.com Capital, and OpenSea. The company emphasised its focus on security following a spate of bridge hacks.
“With $1.5B in bridge hacks happening within the last 12 months, many people, protocols, and DAOs are...