I just saw that the IoTeX bridge was hacked and they lost over 8 million in crypto. No joke, someone gained access with a compromised private key and took the funds. The most interesting part is that the attacker is moving everything through Ethereum first and then transferring to Bitcoin via Thorchain. Basically, they are laundering the money across chains to disappear. These bridges have always been a weak point, right? Every week, a new exploit comes out. Is anyone else considering avoiding these protocols for now?

IOTX1,28%
ETH3,88%
BTC4,26%
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