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Hackers stole more than $324 million in cryptocurrency from Wormhole, the developers behind the popular blockchain bridge confirmed Wednesday.
The platform provides a connection that allows for the transfer of cryptocurrency between different decentralized-finance blockchain networks. Wormhole said in a series of tweets Wednesday afternoon that thieves made off with 120,000 wETH, or wrapped ethereum, worth nearly $324 million at current exchange rates. The platform’s network was also taken offline for maintenance.
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Wormhole on Thursday confirmed via Twitter that “all funds have been restored” and its services are back up. It also promised to share a full incident report.
Source: Blockchain platform Wormhole says it’s retrieved the $324M stolen by hackers – CNET
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