Blockchainbridge protocol nomad, 190 millionfrom the dollar hacking attack 4 monthsthen restarting its services.
Blockchainnetworked and decentralizationThe crypto industry, which provides Smart contracts and projects prepared with algorithmic coding can break out at the slightest gap. The thriving and adopted crypto industry has suffered billions of dollars in hacking attacks. Especially, bridgeand DeFi protocols are among the ones that get burned the most by this situation. staking, transfer Decentralized transactions such as , trade can be exposed to hacking attacks if they create network vulnerabilities. At the beginning of August, Nomad lost $190 million due to the hacking attack on the bridge side.
Nomad Will Return User Funds
Bridge protocol nomad, Augustat the beginning of the month hackingAfter the attack, the user was unable to pay their funds. 190 millionThe company, which started its services again after the $ hack attack, will also cover partial losses of its users.
Company, “Since Nomad Token Bridge was hacked, the team has been working hard to recover funds and make necessary updates to safely restart Nomad Token Bridge” said.
In a statement from the company, it stated that users affected by the hack attack can make transactions through CoinList. Hack victims are required to complete KYC verification on the CoinList exchange. The company stated that KYC verification is required for refunds to be integrated into compliance norms.
