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Aethir halts bridge exploit, promises compensation after $90K loss

The Cointelegraph β€‹

Cryptocoins News / The Cointelegraph β€‹ 45 Views

Aethir halts bridge exploit, promises compensation after $90K loss

Aethir said it halted a bridge exploit on its Ethereum-linked contracts, limiting losses to under $90,000 after PeckShield estimated $400,000 in damages.

Aethir, a decentralized GPU cloud infrastructure designed for artificial intelligence, confirmed an attack on its bridge contracts and said it halted the exploit.

The platform said Friday that it had detected and contained an attack on its Aethir (ATH) bridge contracts connecting Ethereum to other chains.

The team behind Aethir said it promptly disconnected the compromised contracts upon detection and worked with major exchanges to blacklist tracked wallets, limiting losses to under $90,000.

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