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Allbridge Hack: Cross-Chain Protocol Loses $570,000 To Exploiter
Allbridge was reportedly the victim of the most recent theft to sweep the industry, with Peckshield, a blockchain security company, claiming that $570,000 was stolen from the cross-chain protocol. The theft of $282,889 in Binance USD and $290,868 in Tether USDT was discovered on April 1 and reported by Peckshield to Allbridge. The company claims that the hacker stole $570,000 in cryptocurrency by…
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