WAX Multichain bridge reportedly attacked; approximately 75000 USD in assets extracted across chains
BIBIBI
AT A GLANCE
PANews, citing Blockaid, stated that the WAX Multichain bridge is under attack, with 5 transactions transferring multiple assets; the impact and losses remain to be confirmed.
Article
WAX Multichain bridge attacked; attacker extracts approximately 75000 USD in assets across chains
PANews October 22 reports that, according to Blockaid monitoring,WAX network's WAX Multichain bridge is under attack, involving WAX、Solana and ETH. The attacker transferred approximately 5 transactions, moving approximately 52,986 tokens USDC、21,558 tokens USDT、840 tokens DAI、2.55 tokens WETH and 0.11 tokens WBTC. It remains to be confirmed whether the scope of the incident and losses are still expanding. Reportedly, when the attacker withdrew wrapped tokens on the WAX chain, they did not pay the corresponding assets, while Solana and bridge contracts on Ethereum still released the corresponding tokens.
PANews October 22 According to reports, Blockaid monitoring shows that the WAX network's WAX Multichain bridge is under attack.
02
The incident involves WAX, Solana, and ETH。
03
The attacker used 5 transactions to transfer approximately 52,986 tokens USDC、21,558 tokens USDT、840 tokens DAI、2.55 tokens WETH and 0.11 tokens WBTC。
04
Reportedly, when the attacker withdrew wrapped tokens on the WAX chain, they did not pay the corresponding assets, while bridge contracts on Solana and Ethereum still released the corresponding tokens.
05
It remains to be confirmed whether the scope of the incident and losses are still expanding.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
The Multichain bridge is used to transfer corresponding assets between different blockchains. The reported anomaly is that, when the attacker withdrew wrapped tokens on the WAX chain, they did not pay the corresponding assets, but bridge contracts on Solana and Ethereum still released the corresponding tokens.
Why it matters to readers
If the bridge contracts continue to release tokens abnormally, the cross-chain assets involved and the scope of impact may continue to change; however, the original report has not confirmed the final losses.
Beginners should understand the risk as WAX a security incident involving the Multichain bridge and its related bridge contracts, and should not infer solely from the headline that WAX, Solana, or the entire Ethereum network was attacked.
Risks and unknowns
The scope of impact of the incident remains to be confirmed.
It remains to be confirmed whether losses are still expanding.
The original report did not provide WAX confirmation, response, or remediation information from the team related to the Multichain bridge.
The approximately 75000 USD in assets stated in the headline does not have a specific conversion calculation in the body.
Related Developments
Loading event timeline…
Related concepts
Multichain bridge
This term is not in the glossary yet. Browse related concepts in the glossary.