Home Blockchain News Push to Cut Ethereum Network Fees Opens Funds-Draining Bug in Scaling Tool Arbitrum

Push to Cut Ethereum Network Fees Opens Funds-Draining Bug in Scaling Tool Arbitrum

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Push to Cut Ethereum Network Fees Opens Funds-Draining Bug in Scaling Tool Arbitrum

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The threat was found in the way transactions are submitted and processed on the network, through a tool known as a bridge, which allows users to transfer tokens between different blockchains. Attacks on bridges have become one of the biggest security threats in crypto, accounting for almost $1 billion stolen in the past year.

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