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Wormhole token bridge loses $321M in largest hack so far in 2022 -Breaking

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Today, the Wormhole token bridge was subject to a security vulnerability that resulted in 120,000 tokens (or $321 million) being lost from the platform.

Wormhole allows users to exchange crypto without the need for a centralized exchange. It is also the biggest crypto hack in 2022 and second-largest DeFi hack. Wormhole offered $10M in bug bounty as a reward for the money’s return.