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The cross-blockchain token bridge Nomad was attacked Monday and attackers were able to drain it of almost all of its funds, it was revealed today. Alexander Gurevich, a Russian-Israeli citizen, was arrested in Israel for his alleged role in the $190M Nomad bridge hack; Gurevich allegedly exploited a vulnerability first The cross-chain token bridge Nomad was hit with an exploit yesterday causing attackers to drain it of nearly $200 million. Nomad, a token bridge that allows users to send and receive tokens between Avalanche (AVAX), Ethereum (ETH), Evmos (EVMOS), Moonbeam (GLMR) and Milkomeda The Nomad token bridge appears to have experienced a security exploit that has allowed hackers to systematically drain a significant portion of the bridge’s funds over a

Nomad Bridge Hacked: Nearly All Funds Drained

The cross-blockchain token bridge Nomad was attacked Monday and attackers were able to drain it of almost all of its funds, it was revealed today. A devastating security breach has left the Nomad bridge reeling.

Nomad Bridge Exploit: $200 Million Drained

The cross-chain token bridge Nomad was hit with an exploit yesterday causing attackers to drain it of nearly $200 million. This exploit raises serious questions about the security of cross-chain technology.

Details of the Nomad Hack

Nomad, a token bridge that allows users to send and receive tokens between Avalanche (AVAX), Ethereum (ETH), Evmos (EVMOS), Moonbeam (GLMR) and Milkomeda, has suffered a major blow. The vulnerability allowed malicious actors to systematically drain a significant portion of the bridge’s funds over a short period of time.

Arrest Made in Connection to Nomad Bridge Hack

In a related development, Alexander Gurevich, a Russian-Israeli citizen, was arrested in Israel for his alleged role in the $190M Nomad bridge hack; Gurevich allegedly exploited a vulnerability first uncovered by security researchers.

The Future of Cross-Chain Bridges

The Nomad token bridge appears to have experienced a security exploit that has allowed hackers to systematically drain a significant portion of the bridge’s funds over a very short time. This incident will undoubtedly lead to increased scrutiny and calls for enhanced security measures within the cross-chain bridge ecosystem.