CrossCurve confirms $3M cross-chain bridge exploit

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Crypto protocol CrossCurve has confirmed its cross-chain bridge was attacked, with roughly $3 million reportedly stolen across multiple blockchain networks. The company said late Sunday that the incident involved exploitation of a vulnerability in one of its smart contracts.

CrossCurve urged users to immediately pause all interactions with the protocol while an investigation is underway. Blockchain security firm Decurity, via its Defimon Alerts account, reported that the exploit affected several networks and allowed unauthorized access to locked tokens. The incident adds to a growing list of cross-chain bridge attacks, a sector that has repeatedly been targeted due to complex smart contract designs.