News linked to both this project and an event.
According to on-chain security platform Blockaid (@blockaid_), the MILC Platform cross-chain bridge suffered a private key leak on both the BNB Chain and Ethereum networks. The attacker exploited a historical bridge administrator wallet to grant the DEFAULT_ADMIN_ROLE and MANAGER_ROLE permissions to the attacker’s address. Subsequently, assets were withdrawn from the bridge contract, and administrative control was transferred to the attacker’s wallet. Confirmed losses currently stand at approximately $97,003 USDT (on BNB Chain) and approximately 39.21 ETH (on Ethereum, transferred out via Rhino.fi), totaling roughly $161,000.
Blockaid disclosed on X that the Alephium TokenBridge Ethereum cross-chain bridge was attacked. The attacker compromised three out of four Guardian private keys, forged a Verified Action Approval (VAA) message, and executed the attack within approximately seven minutes, stealing roughly $815,000 worth of assets. During the attack, the attacker minted 13.76 million Wrapped ALPH tokens out of thin air—exceeding the pre-attack circulating supply by over 100%—and simultaneously unlocked and withdrew assets including USDT, USDC, WBTC, and WETH from the custody pool. As of now, the attacker’s address still holds approximately $815,000 in stolen assets and 13.76 million uncollateralized Wrapped ALPH tokens; the largest anomalous transaction involved the out-of-thin-air minting of 13.76 million Wrapped ALPH tokens.