Allbridge Core Pauses Cross-Chain Bridge after $1.65M Exploit
- Posted on July 20, 2026
- By Cointelegraph
- 0 Views
- 1 min read
In brief
Allbridge Core initiated an immediate protocol suspension following a sophisticated security breach that resulted in $1.65 million in losses. The incident involved an attacker exploiting flash loan mechanics to destabilize stablecoin liquidity reserves on the cross-chain bridge platform. This vulnerability highlights ongoing security challenges within decentralized finance infrastructure and emphasizes the importance of robust testing mechanisms for blockchain-based financial protocols.
Summary auto-generated by AI from the original publisher's content. Editorial standards.
Allbridge Core Pauses Cross-Chain Bridge after $1.65M Exploit
Allbridge Core paused its protocol after a reported $1.65 million exploit in which an attacker allegedly used a flash loan to manipulate a stablecoin liquidity pool.
