Blockchain Hack defi security

Nomad DeFi Bridge Drained of At Least USD 150M in 'Chaotic' 'Decentralized Robbery'

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Cross-chain messaging protocol Nomad, which allows users to send and receive tokens between different blockchains, was drained of at least USD 150m after experiencing a security exploit that allowed bad actors to spoof messages.

The project had USD 190m in total value locked (TVL) just before the exploit began, according to DeFi tracking platform DeFi Llama.

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