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.
