Nomad said in a tweet that it was “aware of the incident” and is currently investigating.
London:
US crypto firm Nomad has been hit by a $190 million theft, blockchain researchers said Tuesday, the last such heist to hit the digital asset sector this year.
Nomad said in a tweet that it was “aware of the incident” and is currently investigating, without providing further details or the value of the theft.
Crypto analytics firm PeckShield told Reuters that $190 million worth of cryptocurrencies had been stolen from users, including ether and the stablecoin USDC. Other blockchain researchers estimate the figure at more than $150 million.
Nomad of San Francisco did not immediately respond to a request for comment.
The company, which last week raised $22 million from investors including major US exchange Coinbase Global, is making software that connects several blockchains — the digital ledgers that underlie most cryptocurrencies.
The heist targeted Nomad’s “bridge” – a tool that allows users to transfer tokens between blockchains.
Blockchain bridges have increasingly become the target of thefts, which have long plagued the crypto sector. More than $1 billion has been stolen from bridges so far by 2022, according to London-based blockchain analytics firm Elliptic.
In June, US crypto firm Harmony said thieves stole about $100 million worth of tokens from its Horizon bridge product.
In March, hackers stole approximately $615 million worth of cryptocurrency from Ronin Bridge, which was used to transfer crypto in and out of the game Axie Infinity. The United States linked North Korean hackers to the theft.
Nomad described itself as a company that kept “security first” and would keep users’ money safe.
(This story was not edited by DailyExpertNews staff and was generated automatically from a syndicated feed.)
