Jump Crypto Replaces $320 Million in Ethereum Taken From Wormhole Exploit – Bitcoin News

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Jump Crypto Replaces $320 Million in Ethereum Taken From Wormhole Exploit – Bitcoin News
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The following day after the DeFi hack, the Wormhole team explained that “all funds have been restored and Wormhole is back up.” Ethereum CrossChainBridges

On February 2, 2022, the Wormhole Network’s ethereum ↔ solana bridge was exploited for 120,000 WETH worth $320 million and the following day, the team explained that “all funds have been restored and Wormhole is back up.” The team has also said a “detailed incident report” will be published soon.120,000 WETH from the Wormhole Network’s ethereum ↔ solana bridge on Wednesday. The wrapped ethereum was worth $320 million when it was stolen and the Wormhole team had paused the network.

The following day after the exploit happened, the Wormhole team disclosed on Twitter that the network was back up and running and the crypto funds were reimbursed.at 8:39 a.m. on Thursday morning . “We’re deeply grateful for your support and thank you for your patience. The team is working on a detailed incident report and will share it ASAP.”

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