Incident Overview
Cross-chain bridge protocol Allbridge Core was exploited on July 19-20, 2026. The attacker used a ~$1.12M USDC flash loan from Kamino to rapidly swap in the Solana USDC/USDT liquidity pools, manipulating ratios and draining approximately $1.65 million. The team paused the protocol, urged affected LPs to withdraw funds immediately, and asked arbitrage profiteers to return funds for LP compensation.
Sources & References
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.