Allbridge Core Exploited for $1.65 Million
Allbridge Core suffered an exploit resulting in a loss of approximately $1.65 million. The attacker utilized a flash loan to manipulate liquidity pools and drain funds.
On July 19-20, 2026, the cross-chain bridge protocol Allbridge Core was exploited. The attacker executed a flash loan of about $1.12 million in USDC from Kamino, which was used to manipulate the Solana USDC/USDT liquidity pools, leading to the draining of approximately $1.65 million.
In response to the incident, the Allbridge Core team paused the protocol and urged affected liquidity providers to withdraw their funds immediately. They also requested that arbitrage profiteers return the funds to facilitate compensation for the liquidity providers.
Sources
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