PYMNTS-MonitorEdge-May-2024

Nomad

Today in Crypto: Chileans Stablecoin Use up 50% as Economy Dips; Portugal’s Banks Close Crypto Accounts
Today in Crypto: Chileans Stablecoin Use up 50% as Economy Dips; Portugal’s Banks Close Crypto...
August 03, 2022  |  Cryptocurrency

Hackers have returned $9 million to cross-chain bridge Nomad after it was exploited for $190.4 million Tuesday (Aug. 2), Coindesk wrote. The amount returned was...

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Hack of Crypto Payments Bridge Turns into $190M DeFi Free-for-All
Hack of Crypto Payments Bridge Turns into $190M DeFi Free-for-All
August 02, 2022  |  Security & Fraud

The $190 million hack of Nomad, a cross-chain bridge protocol used to make transactions between different blockchains is unusual in one regard. The theft on...

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