The platform Wormhole is a provider of a connection between different blockchain networks.

A number of tweets posted by the Wormhole page say that the thieves have stolen approximately $320 million in cryptocurrency. Soon after that happened, the platform was shut down for maintenance.

In a statement provided by Elliptic, it was announced that this is the second-largest crypto theft after the one from the Defi service. In a blog post Elliptic said:

“The exploit appears to have allowed the attacker to mint 120,000 wrapped ETH on the Solana blockchain, 93,750 ETH of which was then transferred to the Ethereum blockchain.”

According to a message, Wormhole’s developers offered the hacker $10 million if they return the cryptocurrency.

A couple of hours after the exploit, it was reported that the vulnerability had been patched and restoring of the network was in process.

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Nikoleta Yanakieva Editor at DevStyleR International
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