SlowMist founder Cos reports that 402bridge contract ownership was altered within two days of its launch, likely due to stolen private keys, resulting in an immediate shutdown.
SlowMist founder Cos disclosed that hackers altered the ownership of the newly launched 402bridge contract, likely using stolen private keys. Registered only two days prior to the attack, the bridge shut down after the thieves drained USDC from authorized users. The incident highlights vulnerabilities in newly deployed blockchain bridge contracts.