ChainConnect EVM Integration Compromised, $650,000 Lost
ChainConnect experienced a security breach resulting in a significant loss of funds. Unauthorized access led to the draining of tokens from multiple bridge contracts.
On July 26, 2026, ChainConnect's EVM integration was compromised due to unauthorized access. This incident resulted in approximately $650,000 being drained from the bridge contracts across Ethereum, BNB Chain, Avalanche C-Chain, and Polygon.
The breach involved 23 transactions that exploited the vulnerability in the system. In response to the incident, bridge operations were paused immediately to prevent further losses.
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