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Wormhole digs out of its hole with new security measures to move on from $320M hack

Many projects and companies would simply give up if they’d been hacked and had hundreds of millions stolen from their ecosystem partners, but it appears Wormhole isn’t one of them.

8:30 am PDT • July 27, 2023
Wormhole digs out of its hole with new security measures to move on from $320M hack

Experts say that as more people and capital flood into crypto, there will subsequently be more losses.

Q1 crypto losses spike 695% on year following massive hacks

Wormhole, a popular cryptocurrency platform that offers bridges between multiple blockchains, announced on Twitter that it noticed an exploit. The attacker apparently exploited the bridge between the Ethereum and Solana…

Blockchain bridge Wormhole confirms that exploiter stole $320 million worth of crypto assets