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Synapse Bridge prevents $8M USD hack
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Cross-chain protocols are continuing to face challenges, with Synapse Bridge narrowly averting a multi-million exploit.
On Nov. 7, Synapse Bridge announced on Discord they had prevented a hacker from draining approximately $8 million USD from the Avalanche Neutral Dollar (nUSD) Metapool.
The hacker attempted to exploit a vulnerability using the bridge to transfer assets from Polygon (MATIC) to Avalanche (AVAX). Synapse is a cross-chain bridge designed to facilitate swaps and transfers between a range of layer-one and layer-two protocols using an automated market maker (AMM).
Synapse Bridge stated: “Over the past 16 hours, we encountered and discovered a contract bug in the way that the AMM Metapool contracts handle virtual price calculations
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