Hedera bridge exploit reported

July 11, $5.25M was bridged from Hedera to Ethereum via LayerZero, with attacker holding 2,360 ETH and 15.58 WBTC. HBAR dropped over 2%.

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🚨 $HBAR LIQUIDATION ALERT


Approximately $9.96K in long positions were liquidated around $0.12024.


Leveraged buyers were forced out as price moved lower, creating additional selling pressure around this zone.


📍 Liquidation: $0.12024

💥 Long Liquidated: $9.96K


The key now is whether HBAR can recover this level or whether another downside move attracts more long liquidations.


#HBAR #Hedera bridge exploit reported #Crypto

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A suspected Hedera network exploit stole 5.25 million dollars, with funds transferred to Ethereum. The attacker used Tornado Cash, holding 2360 ETH and 15.58 WBTC. Vigilance is crucial. Could this signal more security risks? #Crypto #Hedera #DeFi

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The Hedera attack is intensifying. The attacker has just transferred an additional $5.25M to Ethereum, now holding approximately 2,360 ETH and 15.58 WBTC, while HBAR has dropped 4%. The stolen funds continue to be moved, making Hedera’s ability to track and audit its funds likely to come under intense scrutiny.

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Allegation of Attack on the Hedera Network Blockchain security firm PeckShield reported that, based on information shared by Specter, the Hedera network may have been subjected to a cyberattack. According to initial findings, assets worth approximately $5.25 million were transferred from the Hedera mainnet to the Ethereum network via a bridge. 🕵️ According to the allegations, the attacker used 1 ETH obtained through Tornado Cash to initiate the transactions. The attacker’s wallet is reportedly currently holding approximately 2,360 ETH ($4.25 million) and 15.58 WBTC (approximately $1 million).

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Crypto hack losses hit 972M in H1 2026, despite a record 207 incidents, but are less than half of H1 2025's total. Immunefi reports rising security concerns in crypto. Are these incidents a sign of growing vulnerabilities or better detection? #CryptoSecurity #Hacks #CryptoNews

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It seems they said the Hederan mainnet was not hacked, so the planned mainnet upgrade will proceed as scheduled. There’s never a day without a hacking issue! Ugh~

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A suspected exploit on #Hedera has reportedly moved more than $5.8M in assets to #Ethereum, with blockchain investigators observing funds bridged via #LayerZero before being swapped from Wrapped #Bitcoin (WBTC) into #Ether (ETH).