BlocksInform
On Monday evening, attackers exploited the cross-chain blockchain protocol Nomad, the latest among several bridge exploits this year. Although the exact amount isn’t confirmed, reports suggest that the hackers stole anywhere north of $150 million.
Taking cognizance of the matter, Nomad updated its users for the same. The company also asked users to be aware of impersonators. Nomad tweeted:
We are aware of the incident involving the Nomad token bridge. We are currently investigating and will provide updates when we have them.
We’re aware of impersonators posing as Nomad and providing fraudulent addresses to collect funds. We aren’t yet providing instructions to return bridge funds. Disregard comms from all channels other than Nomad’s official channel.
As the team investigates, the MoonBeam network has been essentially paused. Thus, MoonBeam’s use for regular transactions and smart contract interactions will be disabled.
