NIGHT Token Plummets After $13 Million Wanchain Bridge Hack

The crypto market is reeling after a security exploit targeted the Wanchain bridge on July 21, 2026. This bridge, which links the Cardano and BNB Chain networks, lost approximately 515 million NIGHT tokens during the attack. The stolen assets are estimated to be worth around $13 million.

Investors reacted quickly to the news, causing the price of NIGHT to drop by more than 30 percent. The token reached a record low of $0.016 shortly after the hack became public knowledge. Trading volume has spiked as holders respond to the sudden loss of treasury funds.

In response to the incident, the Wanchain team has taken the bridge offline to prevent further losses. Security experts and the team are now investigating the technical flaws that allowed the unauthorized withdrawal. Users should avoid interacting with the bridge until the developers issue an official update.

Market participants are now watching to see if the team can recover any of the stolen tokens. The incident highlights the ongoing risks associated with cross chain bridges and decentralized protocols.