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Allbridge loses $1.65M in Solana flash-loan exploit, repeating a similar attack from 3 years ago.

Market News
20 Jul 2026
Dailycoin
View Source
Bearish
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Allbridge paused its cross-chain stablecoin bridge after an attacker exploited its Solana deployment using a $1.12 million USDC flash loan to manipulate liquidity pool pricing, resulting in a $1.65 million loss. This is the second flash-loan attack on Allbridge, following a $573,000 exploit on BNB Chain in 2023 with similar tactics. The incidents raise concerns about potential architectural vulnerabilities in Allbridge's liquidity pool pricing model. The 2026 exploit remains unresolved, with Allbridge appealing for voluntary fund returns, highlighting ongoing risks in decentralized finance security.

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