Updated May 11, 2023, 5:34 p.m. Published Aug 2, 2022, 1:16 a.m.
Cross-chain messaging protocol Nomad is being actively hacked and at least $45 million has been stolen, The Defiant reported Monday night, citing several Twitter posts. Nomad posted on its Twitter account that it is aware of the situation and is investigating.
As of 7:15 p.m ET, $45 million in wrapped bitcoin (WBTC), ether ETH$3,904.64 and some stablecoins had been taken, according to Defiant.
Nomad said in a tweet it is investigating the situation.
We are aware of the incident involving the Nomad token bridge. We are currently investigating and will provide updates when we have them.
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The cross-chain messaging protocol on July 28 revealed that a slate of crypto heavyweights participated in the $22.4 million seed round at a $225 million valuation that was announced in April.