CrossCurve Cross-Chain Bridge Hacked, Offering Up to 10% Bounty for White Hat Assistance

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According to on-chain news, the CrossCurve cross-chain bridge has experienced a breach related to a smart contract vulnerability. The project has advised users to stop all interactions until the investigation is complete and will provide updates through official channels. Some addresses have received tokens as a result of the vulnerability. No malicious activity has been detected so far. CrossCurve is offering a Safe Harbor policy, allowing white-hat hackers to retain up to 10% of the returned funds. If no action is taken within 72 hours from Ethereum block height 24,364,392, the project may pursue legal action and collaborate with exchanges and on-chain analytics firms to track or freeze the assets.

BlockBeats news: On February 2, according to an official announcement, CrossCurve revealed that its cross-chain bridge had been attacked, with the attacker exploiting a vulnerability in a smart contract. The project team has urged users to immediately stop all interactions with CrossCurve until the investigation is completed, and will continue to update the event progress through official channels.


The project team then confirmed that some addresses received token funds that were originally intended for users due to the vulnerability in the smart contract. CrossCurve emphasized that no malicious intent has been found among the relevant addresses, and urged these addresses to cooperate in returning the mistakenly transferred funds. According to its Safe Harbor white-hat policy, if a white-hat assists in recovering the funds, they may retain up to 10% as a bounty.


CrossCurve stated that if the funds are not returned or effective contact is not established within 72 hours from Ethereum block height 24,364,392, the project team will escalate the situation as appropriate, including initiating criminal and civil proceedings, and working with exchanges, stablecoin issuers, and on-chain analytics firms to freeze or trace the relevant assets. The project team urges all involved parties to contact the team as soon as possible or directly return the funds to prevent further escalation of the matter.

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