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Allbridge Pauses Protocol After $1.65M Exploit Drains Stablecoin Liquidity Pools

Cross-chain stablecoin bridge, Allbridge Core, suffered a security exploit that resulted in losses of approximately $1.65 million, according to blockchain security firm PeckShield. The firm said the attacker has already…

Continue ReadingAllbridge Pauses Protocol After $1.65M Exploit Drains Stablecoin Liquidity Pools