Nomad said in a tweet that it was “aware of the incident” and is currently investigating.
London:
The U.S. crypto firm was hit by a $190 million heist on Tuesday, blockchain researchers said Tuesday, the latest heist to hit the digital asset sector in this year.
Nomad said in a tweet that it was “aware of the incident” and is currently investigating, giving no further details or value of the theft.
Cryptocurrency analysis firm PeckShield told Reuters that users’ $190 million worth of cryptocurrencies were stolen, including ether and stablecoin USDC. Other blockchain researchers put the figure at over $150 million.
San Francisco-based Nomad did not immediately respond to a request for comment.
The company, which last week raised $22 million from investors including major US exchange Coinbase Global, creates software that connects disparate blockchains – the digital ledger that underpins most cryptocurrencies.
The theft targeted Nomad’s “bridge” – a tool that allows users to transfer tokens between blockchains.
Blockchain bridges are increasingly becoming the target of thefts, which have long plagued the crypto sector. According to London-based blockchain analytics firm Elliptic, more than $1 billion has been stolen from bridges so far in 2022.
In June, American cryptocurrency company Harmony said that thieves had stolen approximately $100 million worth of tokens from their Horizon bridge product.
In March, hackers stole approximately $615 million worth of cryptocurrency from Ronin Bridge, which was used to move crypto in and out of the Axie Infinity game. The US has linked North Korean hackers to the theft.
Nomad describes itself as a “security-first” business that will keep user funds safe.
(This story has not been edited by NDTV staff and was automatically generated from the syndication feed.)
