The amount of stolen funds from 13 attacks on cross-chain protocols since the start of the year has reached $2 billion, according to Chainalysis.
Following last night’s exploit of the Nomad Bridge, an estimated $2B has been stolen from cross-chain bridges so far in 2022. Read our blog to learn what makes these protocols vulnerable and what the industry can do about it. https://t.co/WLo62H6NFe pic.twitter.com/CZRnqrPikh
— Chainalysis (@chainalysis) August 2, 2022
Bridge attacks accounted for 69% of all funds stolen by criminals in 2022.
The latest such incident was взлом 2 августа протокола Nomad in the Evmos ecosystem.
As the value transferred through cross-chain protocols increases, they become more attractive to hackers. This poses a serious threat to strengthening trust in blockchain technology, — the experts said.
Analysts noted that groups linked to North Korea are involved as well. As a result, they gained control of assets worth $1 billion, including as a result of атак на мосты.
Experts stressed that the design of cross-chain protocols remains a technical problem. In their view, the solution could be an extremely strict code audit. This would, over time, enable the creation of a library of reliable and secure smart contracts that would become templates for other developers.
Earlier, Chainalysis запустила горячую линию для жертв криптовалютных преступлений.
In June, unknown взломали the Harmony cross-chain protocol Horizon. The losses were about $100 million.
Ethereum founder Vitalik Buterin previously stated that he is “pessimistic” about bridges. In his view, the latest are vulnerable to 51% attacks.
For more on what cross-chain bridges are, read in educational cards ForkLog.
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