Approximately $1.1 million was withdrawn; Allbridge Core was attacked on Solana

Odaily Planet Daily News According to Onchain Lens monitoring, Allbridge Core was attacked on Solana. The attacker borrowed $1.12 million USDC through a Kamino flash loan, then quickly conducted USDC/USDT swaps, distorting the ratio of Allbridge's stablecoin pool. They then withdrew liquidity at the manipulated exchange rate, repaying the flash loan in the same transaction and extracting approximately $1.1 million in funds. The funds were subsequently mixed through a privacy protocol. The maximum single withdrawal on Allbridge was $2.24 million USDC. Further analysis of the exploit and affected pools is still ongoing.