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Across Says Solana Hack Caused No Loss of User Funds

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Summary

  • The cross-chain bridge protocol Across (ACX) said it was hacked on the Solana network.
  • Across said cross-chain transactions made before the hack were completed normally and that there was no loss of user funds.
  • It temporarily suspended deposits to Solana over possible losses to Risk Labs operating funds, and said its other functions were operating normally.

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Photo: Across (ACX)
Photo: Across (ACX)

Across, the cross-chain bridge protocol, said it was hit by a hack on the Solana network.

Odaily reported on July 17 that Across disclosed the attack earlier that day. The protocol said all cross-chain transactions initiated before the breach were completed normally and that no user funds were affected.

Some operating funds at Risk Labs, the developer behind Across, may have been impacted.

Across temporarily suspended deposits of assets to the Solana network on July 17 as a precaution. Other protocol functions outside Solana are operating normally, it said.

Across is working with an external security firm to track the hacker's address. It plans to release an analysis report on how the attack occurred and what caused it.

#Blockchain Bridge
#Hacking

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