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Incident reportBridge exploitSolana / Ethereum

Wormhole −$325M

120,000 ETH minted out of thin air.

What happened

A signature-check flaw in the Wormhole bridge let an attacker mint 120,000 wrapped ETH on Solana without depositing anything, then cash much of it out.

Timeline

Feb 2

Wrapped ETH is minted on Solana with no ETH behind it.

Feb 3

Jump Crypto puts back the missing 120,000 ETH.

Aftermath

A backer covered the hole within a day, so users weren't left holding unbacked tokens.

Date2022-02-02
Lost$325M
WhoUnknown
Rich friends count as a security model.

Lesson A bridge is a vault with two doors.

Next incident: Euler Finance →