Bridge Hacks Surge With $5.7M Lost In One Week

The crypto sector is reeling after a difficult week that saw three major bridges fall victim to hackers. Across Protocol, Allbridge, and TeleSwap were targeted in quick succession, resulting in a total loss of roughly $5.7 million. These incidents serve as a reminder that cross chain bridges remain a primary target for attackers.

Across Protocol reported an attack on its Solana bridge last Friday. While the team confirmed that user funds were not impacted, the protocol lost about $3.35 million belonging to its own relayers. Shortly after, Allbridge suffered a flash loan attack on Sunday that drained $1.65 million in stablecoins from its liquidity pools on Solana. The funds were quickly moved to Ethereum.

TeleSwap also faced scrutiny after an investigator identified suspicious outflows totaling $735,000 from the platform on July 15. The firm has faced criticism for failing to publicly acknowledge the incident days after it occurred, and its hot wallet stopped processing transactions shortly after the exploit.

While these figures are smaller than the massive losses seen earlier this year, they bring the total number of bridge hacks in 2026 to 20 incidents. Traders should monitor official channels closely for updates on security fixes and potential compensation plans as these protocols work to restore normal operations.