Crypto’s ‘Learn-on-the-Fly’ Ethos on Display as Bridge Hack Damage Reaches $2B

“Cross-chain bridges have been targeted by nation-state threat actors in the past with meticulous planning and precise execution,” Andrew Morfill, chief information security officer at crypto custodian Komainu, told CoinDesk. “Early indications with Nomad [another bridge] were that it was driven by opportunistic ’looters.’ But while the drivers are different, the outcomes, inevitably, are the same – loss of assets.”