Pluang Wanchain Bridge Hack Results in Theft of 515M NIGHT Tokens
Article Content
- •515 million NIGHT tokens were stolen in the Wanchain bridge exploit.
- •The attack exploited a message encoding flaw, leading to a 30% price drop.
- •The incident highlights vulnerabilities in cross-chain protocols.
On July 21, 2026, the Wanchain bridge connecting Cardano and BNB Chain was exploited, leading to the theft of 515 million NIGHT tokens valued at approximately $13 million. The attack was facilitated by a message encoding flaw that allowed the attacker to amplify authorized transactions. Following the breach, the price of wrapped NIGHT tokens on BNB dropped by 30%. The incident has raised significant concerns within the cryptocurrency community regarding the security of cross-chain protocols. The vulnerability exploited has not been publicly assigned a CVE yet. The Midnight network is currently assessing the damage and potential recovery options. Users of the affected systems are urged to monitor their holdings closely.
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