Digital Asset
Intelligence
Security Incident · ETH Ecosystem

Adshares Bridge Bridge Verification Bypass: $628.00K Reported Loss

·Historical incident record

Incident Overview

Adshares Bridge was exploited on Ethereum around May 15, 2026. The attacker used the bridge-minter EOA to sign three wrapTo() calls with non-existent native-chain transaction IDs on the Adshares canonical chain. This allowed minting large amounts of fake wrapped ADS (wADS: 99,999.93 ×2 + 999,999.94). The fake tokens were then dumped via Uniswap V4 UniversalRouter, draining roughly $628K in ETH and USDC from liquidity pools. Security researchers flagged it quickly, and the project posted an on-chain whitehat message offering a 10% bounty for return of 90% of funds.

Sources & References

Original incident referencehttps://cryptoadventure.com/adshares-bridge-exploit-drains-about-628k-after-fake-wads-mint/ (opens in a new tab)

This record presents information attributed to the linked sources. Incident dates describe the original event, not a new report. Reported loss figures reflect the source record and are not current market valuations.

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