Cross-chain protocol warp.green said it has confirmed an exploited vulnerability in its ERC-20 bridge, with the issue tied to a module on the bridge’s Chia side. The team said it has not identified any other malicious transactions beyond the incident already disclosed. Losses from the exploit total 93,000 USDC, consisting of 85,000 wUSDC.b and 8,000 wUSDC, according to the project’s statement. warp.green also said the attacker has already swapped the funds into ETH, which is now being held in an Ethereum wallet linked to the exploit. The team later sent an on-chain message to the wallet holding the stolen assets, offering to classify the case as a white hat disclosure if 90% of the funds are returned within 48 hours to a designated Ethereum multisig address. Under that proposal, the attacker would be allowed to keep the remaining 10% as a white hat bounty.
Cross-chain protocol warp.green said in a post on X that it has confirmed an exploited vulnerability in its ERC-20 bridge. The issue, according to the project, was located in a related module on the bridge’s Chia side. The team added that it has not confirmed any other malicious transactions.
warp.green said losses from the incident amount to the previously disclosed 93,000 USDC, made up of 85,000 wUSDC.b and 8,000 wUSDC. It also said the attacker has converted the funds into ETH, where they are now held in the attacker’s Ethereum wallet.
The project later sent an on-chain message to the wallet address holding the stolen funds. In that message, warp.green said it would treat the incident as a white hat disclosure if the attacker returns 90% of the proceeds within 48 hours to a designated Ethereum multisig address. The attacker would be allowed to keep the remaining 10% as a white hat bounty.
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