Crypto news outlet, Coinworld.com, reported that, according to monitoring by Onchain Lens, Allbridge Core on Solana was attacked. The attacker borrowed 1.12 million USDC via a Kamino flash loan, distorted the Allbridge stablecoin pool ratio, and extracted about 1.1 million in funds by manipulating the exchange rate. The funds were then mixed through a privacy protocol, and Allbridge’s largest single withdrawal was 2.24 million USDC.
CoinNetwork

