Wormhole Hack event
Overview
On 2 February 2022 the Wormhole token bridge, which connects Solana with Ethereum and other chains, was exploited for 120,000 wrapped ether (wETH), worth roughly $320 million at the time. The attacker exploited Wormhole's use of a deprecated Solana function, load_current_index_at, injecting a fake sysvar account to bypass signature verification and then calling complete_wrapped to mint wETH on Solana that was not backed by deposits. After a $10 million bounty offer to the attacker went unanswered, Jump Crypto — Wormhole's parent trading firm — replaced the missing ether on 3 February 2022 to keep the bridge solvent. It was the largest crypto exploit of 2022 at the time and one of the largest DeFi attacks on record.
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Frequently asked questions
What is Wormhole Hack?
Wormhole Hack is an event tracked in the DeFi Intel knowledge graph.
What type of entity is Wormhole Hack?
Wormhole Hack is classified as an event (event) in the DeFi Intel knowledge graph.
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