WAX multichain bridge exploited for about $75,000
- —Five transactions drained 52,986 USDC and 21,558 USDT
- —Stolen assets also include 840 DAI, 2.55 WETH and 0.11 WBTC
- —Attacker withdrew mapped tokens on WAX without posting collateral
- —Total losses may still grow as monitoring continues
Why it matters: Another bridge exploit highlights cross-chain infrastructure risk when contracts on different networks fail to keep collateral in sync.
Source: PANews