Crypto heist! Nervos Network loses $3.9M, hackers have fun 🎭💸

by

Crypto heist! Nervos Network loses $3.9M, hackers have fun 🎭💸

In a plot twist worthy of a noir novel, Nervos Network’s trusty Force Bridge was scooped by digital bandits, who spirited away a staggering $3.9 million in crypto. The scene: chaos, a hasty shutdown, and a team scratching their heads while the internet watches with glee. Because who doesn’t love a good heist on the blockchain?

It all started when Cyvers Alerts spotted something fishy on X—an address that apparently decided to play Robin Hood with the community’s coins, draining away tokens like a kid raiding the candy jar: 60,400 Dai, 539 Ethereum, nearly 900,000 USDC, hundreds of thousands of USDT, and a tiny WBTC to top it all off. Truly, a buffet of blockchain goodies.

Nervos network on high alert

🚨ALERT🚨 Our system has detected multiple suspicious transactions involving @NervosNetwork.

A suspicious address appears to have taken control over the bridge, stealing ~$3M in assets:
257.8K $USDT
539.09 $ETH
898.3K $USDC
60.4K $DAI
0.79 $WBTC
All funds were swapped to $ETH and…

— 🚨 Cyvers Alerts 🚨 (@CyversAlerts) June 2, 2025

The audacity! As if the pirates had a clearance sale, the culprits made off with around $3 million from Ethereum’s vaults and another $800,000 from BNB Chain’s secret stash. The attackers, it seems, took their sweet time—clocking a six-hour online marathon of “try, fail, try again,” before finally cracking the safe and grabbing a shiny $572,000 worth of BNB. Because patience is a virtue, especially in hacking.

Crypto trail going in circles

The aftermath was a classic: funds smeared across mixers like Tornado Cash and FixedFloat, disappearing into the digital ether as if summoned by a wizard. These funds were stealthily split into numerous wallets, hopping from one digital island to another, all in an attempt to turn the hackers’ trail into a game of “Where’s Waldo?” in the blockchain universe.

Hacken, the knight in shining cybersecurity armor, pointed out that this chaos was avoidable—if only monitors like their Extractor platform had been present. Think of it as a security alarm for blockchain—detecting strange activity before your assets become digital dust. Instead, most funds found their way into the pockets of playful hackers, who seem to find this scam a delightful pastime.

🚨 Security Alert 🚨 Nervos Network’s ForceBridge was exploited due to Access Control vulnerability for $3.9m worth of assets ($3.1m on ETH and $800k on BNB Chain)!

There was failed attempt to execute an attack 6 hours prior to successful one.

Most of funds were already…

— Extractor | Web3 Threat Detection & Compliance (@extractor_web3) June 2, 2025

In a move of digital prudence, Nervos’ community developer Magickbase put the brakes on all bridges, cautioning that “We’ve detected abnormal activity on #ForceBridge and have paused the service as a precaution. Our team is investigating.” It’s always fun when a bridge becomes a gatecrasher—except, of course, when it’s a security breach.

Force Bridge, the digital highway enabling tokens like ETH, ERC-20s, and even NFTs to hop between Nervos and Ethereum or Binance Smart Chain, now stands temporarily dark. Because nothing screams “security” like locking away assets after the pirates have already taken their share.

This latest escapade adds yet another feather to the cap of crypto hackers—a sad but undeniably entertaining milestone. According to PeckShield, in May alone, the industry hemorrhaged $244.1 million thanks to clever crooks. A silver lining? That’s a 39% dip from April’s shenanigans—perhaps our digital heroes are finally figuring out the password to security. Or just finding less creative ways to steal. 🤷‍♂️

Read More

2025-06-02 19:09