Nomad restarts bridge after $190 million hack

    Cross-chain bridge Nomad plans to relaunch and partially reimburse those that lost funds in its $190 million hack in August. Meantime, the developer team has asked users to go through KYC verification to let bridge back their assets. “Since the Nomad Token Bridge hack, the team has been working hard on recovering funds and making…

    Nomad hacked for $190 million, amid cross-chain bridges lost $2 billion in 2022

    US crypto firm Nomad has suffered a $190 million hack, blockchain analytics reported on August 3. Experts estimate the funds have been stolen from cross-chain bridges to $2 billion so far in 2022. Nomad said on an official Twitter account that it was “aware of the incident” and was currently investigating without giving further details….