Express

Cross-chain Protocol Nomad Has Recovered $36.2 Million In Stolen Funds

Mary Liu

Summary: As of Monday, ethical hackers had returned $36.2 million to cross-chain interoperability protocol Nomad’s recovery wallet through 41 wallet addresses, according to an official tweet released Monday. The vast majority of returned funds are in stablecoins USD Coin ( USDC ), Tether ( USDT ) and altcoin Frax. The security of cross-chain bridges has become a ...

As of Monday, ethical hackers had returned $36.2 million to cross-chain interoperability protocol Nomad’s recovery wallet through 41 wallet addresses, according to an official tweet released Monday.

The vast majority of returned funds are in stablecoins USD Coin ( USDC ), Tether ( USDT ) and altcoin Frax.

The security of cross-chain bridges has become a hidden danger in the crypto industry. The hack occurred just four months after Nomad closed a $22.4 million seed round in April, with more than $190 million worth of tokens stolen in less than three hours. 

Last Update:

Tags: ,,
Link: Cross-chain Protocol Nomad Has Recovered $36.2 Million In Stolen Funds   [Copy]
Next:

Related Articles

  • Global Financial Giants Enter Stablecoin Arena in Pivotal Shift 9 days ago
  • CRYPTO'S NEW PLAY: 24/7 STOCK TRADING 10 days ago
  • Gold’s $2.1 Trillion Plunge: Where Is The Smart Money Flowing Next? 17 days ago
  • GAEA Chat Singapore Concludes Successfully - A Recap of the Industry Thought Feast Duri... October 5, 2025
  • U.S. SEC Clears Path for Institutional Crypto Custody, Recognizing State Trust Companie... October 1, 2025

    • You need to login to comment.