CrossCurve Cross-Chain Bridge Attacked, Initiates 72-Hour White Hat Window and Offers Up to 10% Bounty

Odaily News CrossCurve announced that its cross-chain bridge was "attacked," with the "attacker" exploiting a vulnerability in a smart contract to carry out the operation. The project team has urged users to immediately halt all interactions with CrossCurve until the investigation is complete and stated that progress updates will be continuously disclosed through official channels.

The project team subsequently confirmed that some addresses received token funds that rightfully belonged to users due to this vulnerability. CrossCurve stated that no subjective malicious intent has been identified in the related addresses so far and is calling for cooperation in returning the erroneously transferred assets. According to its Safe Harbor white hat policy, white hats who assist in recovering the funds may retain up to 10% as a bounty.

The announcement stated that if no funds are returned or effective contact is established within 72 hours starting from Ethereum block height 24,364,392, the project team will escalate the situation as appropriate. This includes initiating criminal and civil proceedings and collaborating with trading platforms, stablecoin issuers, and on-chain analysis agencies to freeze or trace the related assets.