Allbridge Core halts operations after $1.65 million flash loan hit

Another cross-chain bridge just went dark after a surgical strike. Allbridge Core paused its protocol this week after attackers walked away with $1.65 million in a flash loan exploit. Security specialists at PeckShield and CertiK tracked the movement immediately, noting the hacker didn't stay on the original chain for long. They bridged the loot from Solana over to Ethereum, likely aiming to wash the funds through mixers or decentralized exchanges. It's a classic play that exposes the persistent friction at the edges of cross-chain liquidity. Allbridge hasn't set a hard date for a restart while they patch the vulnerability, but the damage to the bridge's TVL is already visible. Will the team manage to negotiate a white-hat bounty return, or is this capital gone for good?
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