Allbridge Core Exploit: Hacker Drains $1.66 Million via Flash Loan Attack

A major security breach has struck the Allbridge Core cross-chain bridge, with hackers successfully draining $1.66 million in digital assets. By manipulating the swap mechanics within a liquidity pool, the attacker executed a precise strike that bypassed standard protocol safeguards over the weekend.
Post-mortem investigations confirm the exploit leveraged a flash loan to target the specific swap logic of Solana (SOL) liquidity pools. This event highlights the persistent vulnerabilities inherent in cross-chain stablecoin bridges and the growing threat of flash loan-driven liquidity manipulation in the DeFi ecosystem.
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