Crypto Flipsider News – Coinbase Endorses USDC; Nomad Reimbursement; Shanghai Launch; Market Cap Falls Under $840B; OCC Crypto Remark

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Cross-Chain Bridging Protocols Pose the Biggest Security Risk, Says Chainalysis

So far this year, hackers have carried out 13 attacks on these service protocols between different blockchains.

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Cardano Users Claim to Be Indirectly Affected y Nomad’s Exploit

Cardano ecosystem used Nomad Protocol as one of the multiple bridges.

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Nomad Bridge Hackers Send Back $9 Million

One day after the cross-chain bridge’s vulnerability was exploited for $190.38 million, hackers transferred $9 million back to Nomad. PeckShield, a blockchain security business, reported that $9 million, or around 4.75 percent of the entire loss, had so far been recovered. In a tweet sent out at 4:05 UTC, the protocol, which let users move […]

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