Alephium TokenBridge Exploited for $815,000 After Three Guardian Keys Were Compromised

Alephium TokenBridge was exploited for about $815,000 after attackers minted 13.76 million wrapped ALPH from forged transactions and drained assets across Ethereum and BNB Chain. Blockaid initially reported that three of four guardian keys had been compromised, allowing forged VAA messages and a roughly seven-minute attack, but Alephium later disputed that account and said the exploit was caused by an offchain backend vulnerability triggered in specific edge cases. Alephium said the stolen assets included 200,967 USDT, 17,594 USDC, 5.18 WETH, and 0.335 WBTC on Ethereum, plus 36,750 USDT and 24.386 WBNB on BNB Chain. The project shut down the bridge, warned liquidity providers to withdraw from ALPH pools on Uniswap and PancakeSwap, and said additional liquidity could help the attacker realize value from the unauthorized wrapped ALPH.

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Alephium TokenBridge Exploited for $815,000 After Three Guardian Keys Were Compromised - CoinPost Terminal