Hackers exploited the bridge to siphon off various digital assets, including approximately 257,800 USDT, 539.09 ETH (valued at $1.35 million), 898,300 USDC, 60,400 DAI, and nearly 0.79 wrapped bitcoin—worth around $83,000 at the time of the attack.
Stolen Assets Laundered Through Tornado Cash
The stolen funds were quickly swapped into ETH and funneled through Tornado Cash, a mixing service commonly used to conceal blockchain transaction trails. This move complicates any potential recovery efforts and further obscures the identity of the attackers.
Bridge Paused as Nervos Team Launches Investigation
Magickbase, a key contributor to the Nervos ecosystem, confirmed the incident and took immediate action by suspending the bridge’s operations.
In a post shared on X on June 2, the team stated that an investigation is underway and that all efforts are focused on tracing the exploit and strengthening platform security.
This incident adds to a growing list of cross-chain vulnerabilities exploited in the decentralized finance sector, underscoring the persistent risks in interchain infrastructure.
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