402bridge Breach Causes Over ,000 Loss for 200 Users

402bridge Breach Causes Over $17,000 Loss for 200 Users

402bridge breach

A security breach in the 402bridge protocol has resulted in unauthorized transactions, leading to a loss of over $17,000 in $#USDC for more than 200 users. The incident highlights vulnerabilities within the 402bridge system, which has reportedly allowed hackers to exploit weaknesses in the protocol. CoinMarketCap has reported the breach, noting the significant financial impact on the affected users. As a result of this incident, users are urged to be cautious and monitor their accounts closely for any suspicious activity. The breach raises concerns about the overall security measures in place for blockchain protocols, particularly those involving financial transactions.

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