PeckShield says Allbridge Core lost about $1.65 million in exploit

Cross-chain bridge protocol Allbridge Core lost about $1.65 million in an exploit, according to monitoring by PeckShieldAlert. The security tracker said the attacker has already moved the stolen funds from Solana to Ethereum. PANews published the update on July 20 and noted in the original report that the information was provided for market reference only and did not constitute investment advice. No additional details on the attack method, affected assets, or recovery efforts were disclosed in the source material. The report focused on two confirmed points: the estimated size of the loss and the cross-chain movement of the stolen funds after the incident. As presented, the case adds to the list of security events involving bridge protocols, though the source did not provide broader context beyond the immediate loss estimate and fund transfer route.