According to a new report by crypto data aggregator Token Terminal, approximately 50% of exploits in decentralized finance, or DeFi, occur on cross-chain bridges.
In two years' time, more than $2.5 billion has been stolen by hackers via exploiting vulnerabilities on cross-chain bridges.
What will it take to create secure bridges?

When one of these projects has a vulnerability, others usually have that vulnerability as well.
Meanwhile, cross-chain bridges based on the Cosmos Inter-Blockchain Communications (IBC) protocol, which has surpassed $1 billion in total value locked, have largely avoided the spearhead of the attacks.

The exploit has been patched and no funds were lost as a result of the incident.
Source: Cointelegraph
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