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Cross-chain protocol Allbridge halts after $1.65 million flash loan exploit

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Cross-chain protocol Allbridge halts after $1.65 million flash loan exploit

The attacker used a $1.12 million flash loan from Kamino to manipulate pool ratios, enabling them to withdraw assets at favorable rates before bridging funds.

Cross-chain protocol Allbridge halts after $1.65 million flash loan exploit


Source:CoinDesk

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Source:https://www.coindesk.com/business/2026/07/20/cross-chain-protocol-allbridge-halts-after-usd1-65-million-flash-loan-exploit