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Allbridge Offers Bounty to Exploiter Hho Stole $573K in Flashloan Attack

Allbridge, the multi-chain token bridge, has offered an undisclosed bounty to the attacker behind a $573,000 exploit, in the hope that they will come forward as a white hat and return the stolen funds. The attack was identified by cybersecurity firm Peckshield, which discovered that an individual acting as a liquidity provider and swapper was manipulating Allbridge's BNB Chain pools swap price. Allbridge has stated that it is hot on the trail of the stolen funds and is working with law firms, law enforcement, and other projects affected by the exploiter. It has temporarily suspended its bridge protocol to prevent the potential exploitation of other pools until the vulnerability has been patched. (cointelegraph)

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