Blockchain Bridges Under Siege as Millions Disappear in Latest Heists
In a startling display of vulnerability in the decentralized finance (DeFi) landscape, over $31.6 million vanished through two separate hacks targeting crosschain bridges. These incidents underscore the fragile state of blockchain infrastructure intended to facilitate seamless interactions between different blockchains. Recently, decentralized exchanges AFX and Verus Protocol found themselves at the epicenter of these brazen cybersecurity attacks.