Back Ambcrypto

Hyperbridge revises exploit losses to $2.5M, traces funds to Binance

Ambcrypto • April 16, 2026

AMBCrypto was founded in 2018 with a mission to simplify and bring the latest blockchain and cryptocurrency news to our readers. We have quickly grown into the digital news source for an emerging generation of cryptocurrency enthusiasts, reaching more than a million readers on a monthly basis, across the globe.

The full story

This article is one source in a clustered incident — the cluster page carries the summary, timeline and every other outlet covering it.

Rhea Finance and Hyperbridge Suffer Significant Exploits, Totaling $20.9M in Losses Rhea Finance has revised its exploit losses to $18.4 million due to a slippage flaw, while Hyperbridge reported losses of $2.5 million, tracing the stolen funds to Binance. Both incidents highlight vulnerabilities in their respective platforms, impacting users and investors. Rhea Finance's exploit involved a flaw in its smart contract that allowed attackers to manipulate token prices, leading to substantial financial losses. Hyperbridge's incident involved unauthorized access to its funds, with investigations ongoing to track the stolen assets. Currently, Rhea Finance has partially recovered some funds, but the full extent of the damage remains under assessment. No specific CVEs or tools were mentioned in the articles. The incidents underscore the ongoing risks associated with decentralized finance platforms. Both companies are likely to enhance their security measures in response to these events. 2 sources 49

Extracted Entities

Companies (1)

Hyperbridge