A Bank Robbery in Daylight

The crypto space has seen some crazy things over the years, but what happened on the Nomad Bridge was something unheard of. On Monday the Nomad Bridge saw a flood of transactions leaving the protocol by the millions. 

A unique bug in the smart contract code allowed for users to easily reuse the exploit and pocket millions of dollars each transaction. While the attack was happening people on twitter started to take notice. 

Dozens of other accounts were able to copy and paste the transaction from the initial attacker. No technical coding background was necessary to join in on the raid. Within a few hours, the entire pool of assets was gone. 

According to Coindesk, $9 million of the "stolen" funds were returned from whitehat hackers. They saw that the money would be surely be taken, and decided to step up to protect some of the funds. 

Even in the worst situations whitehat hackers are doing their part to help out the crypto community.

Mysterious Solana Hack

Hackers are causing havoc yet again, but this time it has left many experts looking for answers. The hack seems to be still active and has claimed over 8,000 wallets already. 

Apps such as Magic Eden, the largest NFT marketplace on Solana,  made sure to let their users know about the ongoing issue. 

Many are starting to believe that certain hot wallets (wallets connected to the internet) were the root cause. There has been several different wallets affected and brings into question the security of hot wallets and potential exploits. Professionals were advising users to send their crypto to a cold wallet (not connected to the internet) or a trusted exchange. 

Again, the question arises, who will fall victim next?