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RE: Nomad Bridge Got Exploited!

in LeoFinance3 years ago

Man, this hack was wild.

The amount of people that just copied and pasted the exploit is insane but it seems most of them were white hat and a lot of the money will be retrieved.

HOWEVER, this is exactly why Vitalik and many others in the space expressed their concern regarding a cross-chaain future. Bridges are becoming a central point of failure which is just absurd in a world where we strive for decentralization. I wrote about this a few months back.

I wonder how many more exploits will need to happen before we try a different approach.

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I hope these are just white hack cases and people will refund. Otherwise, a terrible case