CrossCurve Hit by $3 Million Cross-Chain Bridge Exploit Amid Rising Crypto Hacks
CrossCurve's cross-chain bridge was exploited for approximately $3 million due to a smart contract vulnerability.Summary
CrossCurve, a decentralized cross-chain liquidity protocol, confirmed an exploit on its cross-chain bridge resulting in losses of about $3 million, contributing to a surge in crypto thefts that reached nearly $400 million in January 2026 alone.
The attack exploited a vulnerability in a smart contract, allowing unauthorized execution via spoofed cross-chain messages on the ReceiverAxelar contract, bypassing gateway validation and draining funds from the PortalV2 contract across multiple networks.
In response, CrossCurve paused all user interactions and invoked its SafeHarbor WhiteHat policy, offering up to a 10% bounty for the return of the stolen funds within 72 hours. The protocol identified 10 receiving wallet addresses and urged cooperation, warning that failure to return assets would lead to escalation measures, including legal action and asset freezing coordination with exchanges and law enforcement.
(Source：BeInCrypto)