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. This is one of the largest crypto thefts of all time and the second-largest theft from a DeFi service, blockchain analysis firm Elliptic said in a statement. UPDATE: All $320 million in funds have been restored.
Categories: Crypto
