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Today, the Nomad bridge was exploited for $190m, making it the 4th biggest DeFi hack in history.  

It's also being dubbed as the "first decentralised hack", with users snatching funds via a simple copy and paste trick.

Here's a breakdown of what happened. 👇

Today, the Nomad bridge was exploited for $190m, making it the 4th biggest DeFi hack in history. It's also being dubbed as the "first decentralised hack", with users snatching funds via a simple copy and paste trick. Here's a breakdown of what happened. 👇

1. Nomad is a cross-chain bridge which offers asset transfers between Ethereum, Avalanche, Moonbeam, Evmos, and Milkomeda. Today, it was hacked for $190m - seeing their TVL plummet from $190m to just $12,401.

avatar for Miles Deutscher
Miles Deutscher
Tue Aug 02 13:31:36
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