US cryptocurrency platform Nomad robbed of $190 million on Tuesday
Nomad said in a tweet that it was “aware of the incident” and was currently investigating, without giving further details or the value of the theft.
Cryptocurrency analytics firm PeckShield told Reuters that $190 million worth of user cryptocurrencies were stolen, including ether and the stablecoin USDC. Other blockchain researchers put the figure at over $150 million.
San Francisco-based Nomad 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 developing software that connects different blockchains.
The heist targeted Nomad’s “bridge” – a tool that allows users to transfer tokens between blockchains.
Blockchain “bridges” are increasingly being targeted for theft, which has long plagued the cryptocurrency market. More than $1 billion has been stolen from “bridges” so far in 2022, according to London-based blockchain analytics firm Elliptic.
In June, American crypto firm Harmony said that thieves stole about $100 million worth of tokens from its Horizon bridge product.
In March, hackers stole about $615 million worth of cryptocurrency from the Ronin Bridge, which is used to transfer cryptocurrency in and out of the Axie Infinity game. The United States linked North Korean hackers to the theft.
Source: Capital
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