Does the Nomad bridge compromise affect Coinbase?

While the Nomad bridge compromise does not directly affect Coinbase, we strongly believe that attacks on any crypto business are bad for the industry as a whole and hope the information in the blog will help strengthen and inform similar projects about threats and techniques used by malicious actors.

Is Nomad a 'chaotic' hacker?

Cross-chain messaging protocol Nomad has become the target of crypto’s latest nine-figure attack after hackers abused a “chaotic” security exploit to steal almost $200 million in digital assets.

How much Crypto was stolen from the Nomad bridge?

Approximately $190.7 million in crypto was stolen from the bridge, according to decentralized finance tracking platform , which shows that the current total value locked — the amount of user funds deposited in a DeFi protocol — is less than $12,000 at the time of writing. Nomad has yet to confirm how hackers were able to steal the funds.

How many ERC-20 tokens were stolen from the Nomad bridge?

Over $186M in ERC-20 tokens were stolen from the Nomad Bridge between August 1, 2022 at 21:32 UTC and August 2, 2022 at 05:49 UTC. The highest volume in stolen tokens were primarily USDC, followed by WETH, WBTC, and CQT. Within the first hour of the exploit, only WBTC and WETH were stolen, then followed by several other ERC-20s.