Exchanges Freeze 515 Million Stolen NIGHT Tokens

The Midnight Foundation recently confirmed a major security update after a bridge exploit resulted in the theft of 515 million NIGHT tokens. This incident led to a loss of approximately nine million dollars, shaking confidence in the privacy network.

In a quick response, seven major crypto exchanges including Binance and OKX have frozen the stolen assets. This move prevents the attacker from liquidating the tokens on the open market and helps protect the overall ecosystem from further instability.

The Foundation is currently working to track the remaining funds and restore full security to the bridge. Investors should keep a close eye on future official updates regarding the recovery process and potential changes to bridge security protocols.