Post by Augustine Chiagozie (@pabloexchange)

🚨 Two Ethereum bridges drained for $31.7M in hours

Two Ethereum bridge protocols lost a combined $31.69M in rapid succession, while a third — B² Network — separately suspended staking on July 22. Investigators point to three distinct control failures across the incidents.

Bridge exploits clustering like this are a pattern the space knows well. Each case appears to stem from different attack vectors, underscoring that there's no single fix — access control, smart contract logic and operational security all remain live threat surfaces.

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