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zkLink Nova Bridge Exploit Drains About $779,000 in Single Transaction
(2 hours ago) · 1 source · Summarized by CryptoBipto
An exploit on the zkLink Nova bridge resulted in the loss of approximately $779,000 in a single transaction. The incident highlights ongoing security risks associated with cross-chain bridge protocols in decentralized finance.
WHY IT MATTERS
A "bridge" in crypto is like a transfer service that moves assets between different blockchain networks, similar to how a currency exchange lets you convert money between countries.
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SOURCES
- thedefiant.io
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