CrossCurve Threatens Legal Action After $3M Cross-Chain Bridge Exploit
first published 2026-02-01T22:47:14Z
CrossCurve reported its cross‑chain bridge was attacked when a smart‑contract vulnerability allowed spoofed cross‑chain messages to bypass validation and unlock tokens. Defimon Alerts estimates roughly $3 million was stolen across several networks. CrossCurve asked users to pause all interactions while it investigates. Curve Finance advised users with allocations to CrossCurve pools to review and potentially remove positions. Investigation is ongoing.
AI Analysis
A smart‑contract vulnerability permitted spoofed cross‑chain messages to bypass validation and unlock tokens; Defimon Alerts estimates about $3M was taken across multiple networks; CrossCurve requested users pause interactions and Curve advised LPs to review/remove positions — facts that increase near‑term selling and withdrawal risk for affected pools.
Expected Investor Sentiment: Bearish
Potential Market Impact: Significant
Source Articles
- Crypto protocol CrossCurve under attack, $3M reportedly exploited - Cointelegraph
- CrossCurve Threatens Legal Action After $3M Cross-Chain Bridge Exploit - Decrypt
- Crypto stolen hit $370M in January, quadrupling year on year: CertiK - Cointelegraph
- CrossCurve exploited for $3 million in multi-network bridge attack - Crypto News