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Token bridge Nomad drained of $200M after latest exploit

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ambcrypto.com

On Monday, the Nomad cross-chain token bridge was attacked, and the attackers practically drained the protocol of all its cash.

Nearly $200 million worth of cryptocurrencies were lost as a result of the hack.Like other cross-chain bridges, Nomad enables users to transfer tokens back and forth between several blockchains.

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