CNBC have totalled up the combined losses from breaches of cross-chain cryptocurrency bridges so far this year.
A total of around $1.4 billion has been lost to breaches on these cross-chain bridges since the start of the year, according to figures from blockchain analytics firm Chainalysis. The biggest single event was the record $615 million haul snatched from Ronin, a bridge supporting the popular nonfungible token game Axie Infinity, which lets users earn money as they play.
More at the link to the article, above.
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Blockchain bridges tenuously connect networks to enable the fast swaps of tokens. they've become popular as a way for crypto users to transact. The bridges bypass a centralized exchange and are largely unprotected.
