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Cross-chain protocol Allbridge halts after $1.65 million flash loan exploit

Published Source: CoinDeskRead original

AI Summary The attacker used a $1.12 million flash loan from Kamino to manipulate pool ratios, enabling them to withdraw assets at favorable rates before bridging funds. fulltext: 158 chars | fulltext source: rss-fallback | summary method: extractive Original: https://www.coindesk.com/business/2026/07/20/cross-chain-protocol-allbridge-halts-after-usd1-65-million-flash-loan-exploit Source: CoinDesk

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Cross-chain protocol Allbridge halts after $1.65 million flash loan exploit — Crypto Insight