This site, which allows communication between different cryptomonnium networks, has been the victim of an attack based on a security breach.
Le Monde
This is one of the biggest broke in recent years in the field of cryptomonnies. Wednesday 2 February, the Wormhole platform confirmed that one or more hackers had managed to exploit a vulnerability to steal cryptomonnails, up to $ 320 million (nearly 280 million euros).
The Wormhole platform is called a “bridge” , an infrastructure that allows communication between two blockchains – in the present case, between Ethereum and Solana. Due to the diversity of the protocols used by different cryptomonnies, it is not always possible to use, for example, Bitcoins to perform transactions on other networks. This is where Wormhole comes into play: A user can deposit on the platform of the funds in Ethers, for example, and the “bridge” will assign him an equivalent sum in another cryptomonnaie, which he can use on a other network of his choice.
The mother house intervenes
One or more unidentified hackers have managed to exploit a Security fault on the platform and transfer several hundred million dollars to ETHERS (120,000 ETHERS) to a wallet not belonging to Wormhole. As explains by The corner log, a site specialized in the cryptomonnays , this flight poses big problems with the ecosystem because the funds transferred fraudulently had been filed for Guarantee the exchange of a cryptomonnaie to another.
Thursday, February 3, the mother house of Wormhole, Jump Trading, so announced that she had bailed up the platform up to the 120,000 ETHERS having been stolen , and to allow the resumption of the activities of the site. According to the Elliptic specialized company, Wormhole has on its side contacted the hacker, offering a $ 10 million premium in exchange for flooded funds.
Several massive flights have occurred in recent years during the attack of large infrastructures related to the ecosystem of cryptomonnies. In 2018, the Cocheck exchange platform suffered a hacking, which has allowed the flight of nearly $ 532 million in cryptomonnaires. Last year, pirates managed to steal more than $ 600 million from attacking the Poly Network, Before making the funds stolen, piece by piece , affirming they had just wanted to push the network to improve its security.