On November 7th, Twitter user Mempooler tweeted that the asset bridge launched by the cross-chain protocol Synapse Protocol is suspected of being vulnerable.
The attacker managed to manipulate the price of nUSD and made a profit of about 8 million U.S. dollars. Currently, the attacker’s funds are still on the bridge.
The core member of Synapse, Aurelius, said in Discord that it was out of cautious consideration. The imbalance of the Avalanche pool is currently being assessed, and the bridging service has been suspended.