Crypto Bridge Nomad Hacked, $45M Stolen So Far: Report

The cross-chain messaging protocol said it's aware of the situation and is investigating.

AccessTimeIconAug 2, 2022 at 1:16 a.m. UTC
Updated Aug 2, 2022 at 7:26 p.m. UTC

Greg Ahlstrand is CoinDesk's Asia News Editor. Greg has no significant crypto holdings.

Cross-chain messaging protocol Nomad is being actively hacked and at least $45 million has been stolen, The Defiant reported Monday night, citing several Twitter posts. Nomad posted on its Twitter account that it is aware of the situation and is investigating.

  • As of 7:15 p.m ET, $45 million in wrapped bitcoin (WBTC), ether (ETH) and some stablecoins had been taken, according to Defiant.
  • Nomad said in a tweet it is investigating the situation.
  • The cross-chain messaging protocol on July 28 revealed that a slate of crypto heavyweights participated in the $22.4 million seed round at a $225 million valuation that was announced in April.



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CoinDesk - Unknown

Greg Ahlstrand is CoinDesk's Asia News Editor. Greg has no significant crypto holdings.

CoinDesk - Unknown

Greg Ahlstrand is CoinDesk's Asia News Editor. Greg has no significant crypto holdings.