Here's How DeFi Project Lost $320 Million Worth of Ether

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Here's How DeFi Project Lost $320 Million Worth of Ether
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.wormholecrypto has already patched the vulnerability

, a bridge that links Solana with other popular blockchains, has been robbed of $320 million worth of wrapped Ethereum , suffering the second-biggest hack in the decentralized finance space on record.Wormhole developers have come up with a whitehat agreement for the hacker, offering them a $10 million bounty., PolyNetwork, which suffered the biggest DeFi hack to date, managed to successfully return all of its stolen funds in August after weeks of negotiation with the attacker.

Alright. I figured out the Solana x Wormhole Bridge hack. ~300 million dollars worth of ETH drained out of the Wormhole Bridge on Ethereum. Here's how it happened.The hacker was able to exploit a bug in Wormhole's verification function, using a fake system program to obfuscate the fact that the signature check had not been executed.

After fraudulently tricking the system into minting wETH on Solana, the attacker bridged it back to Ethereum.

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