![Hackers abuse ‘chaotic’ Nomad exploit to drain almost $200M in crypto](https://i.comentr.com/CZxFHVC1K6RD7TVuP7pvyelVge0_tam.jpg)
Hackers abuse ‘chaotic’ Nomad exploit to drain almost $200M in crypto
https://techcrunch.com/2022/08/02/nomad-chaotic-exploit-crypto/
Cross-chain messaging protocol Nomad has become the target of crypto’s latest nine-figure attack after hackers abused a “chaotic” security exploit to steal almost $200 million in digital assets.
Nomad, a token bridge that allows users to send and receive tokens between Avalanche (AVAX), Ethereum (ETH), Evmos (EVMOS), Moonbeam (GLMR) and Milkomeda C1 blockchains, was attacked on Monday, with hackers draining almost all of the protocol’s funds.