DeFi Intel

Digging deep into Wanchain’s Cardano-BNB Bridge exploit – How $9M NIGHT vanished in hours

Wanchain's Cardano-BNB Bridge was exploited via a cryptographic vulnerability, allowing attackers to drain 515 million NIGHT tokens worth $9 million. The attacker reused a legitimate signature to authorize phony withdrawals and laundered the tokens to ADA. Wanchain halted the bridge and confirmed the incident did not affect Midnight's network or Cardano's core blockchain.

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