Wanchain’s Cardano–BNB bridge was exploited for approximately 515M NIGHT, valued near $9–13M around the incident.
NIGHT fell more than 30%, while several major exchanges moved to freeze attacker-linked funds or restrict deposits and withdrawals.
Midnight says its core network and validators remain secure. The incident was isolated to third-party bridge infrastructure.
The key risk is bridge dependency: a blockchain can remain operational while bridged liquidity and token confidence still suffer severe damage.
$NIGHT $ADA
#CryptoSecurity #Cardano #CrossChain #BridgeExploit
NIGHT fell more than 30%, while several major exchanges moved to freeze attacker-linked funds or restrict deposits and withdrawals.
Midnight says its core network and validators remain secure. The incident was isolated to third-party bridge infrastructure.
The key risk is bridge dependency: a blockchain can remain operational while bridged liquidity and token confidence still suffer severe damage.
$NIGHT $ADA
#CryptoSecurity #Cardano #CrossChain #BridgeExploit