Saturday, November 23, 2024

Crypto site Wormhole says ‘all funds have been restored’ after $320 million heist

Wormhole, a cryptocurrency exchange, stated on Thursday that “all monies have been recovered” and that the site is back up and running following a $320 million heist.

The decentralized finance (Defi) platform did not reply to requests for comment or provide additional information.

One of the most popular cross-blockchain bridges may have been the victim of a hack worth over $326 million on Wednesday.

In a tweet, the project’s official Twitter handle confirmed that the bridge is currently down while the team investigates a potential exploit, and the official website simply reads, “Portal is Temporarily Unavailable.”

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