The Nervos Network has become the latest victim in a growing wave of crypto bridge attacks, as its cross-chain protocol, ForceBridge.
ForceBridge was exploited in a sophisticated hack resulting in over $3 million in digital asset losses.
The breach was first detected by Cyvers Alerts, a blockchain security monitoring platform, which flagged multiple suspicious transactions.
The attacker managed to gain unauthorized control over ForceBridge and exfiltrated a significant amount of funds, including 257,800 USDT, 539 ETH, 898,300 USDC, 60,400 DAI, and 0.79 WBTC.
These tokens were subsequently swapped into Ethereum and funneled through Tornado Cash, a decentralized mixer commonly used to obscure transaction history, making it more difficult to trace the stolen assets.
Nervos Team Responds Swiftly With Service Suspension and Ongoing Investigation
In response to the breach, the Nervos Network team immediately paused all relevant smart contracts to prevent further unauthorized access and halted ForceBridge operations.
The swift action aimed to contain the exploit and limit additional losses while investigations commenced.
A supporting partner of the bridge, Magickbase, also acknowledged the attack and confirmed that unusual activity had been observed prior to the full-scale breach.
Both teams have urged users to remain patient and vigilant, emphasizing that restoring platform security is their top priority.
While the damage is being assessed, there is a growing call from the community for transparency and tighter security standards moving forward.
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Technical Exploit Highlights Ongoing Vulnerabilities in Cross-Chain Bridges
This breach underscores the systemic risks tied to cross-chain bridge infrastructures, which have become high-value targets for malicious actors due to their complexity and liquidity concentration.
In this case, the attacker reportedly compromised ForceBridge’s internal control mechanisms, allowing for seamless fund withdrawals across multiple tokens.
After converting the assets to ETH, routing them through Tornado Cash added another layer of anonymity, further complicating any potential asset recovery.
The Nervos hack reflects the broader industry challenge of securing interoperable blockchain protocols, signaling that current smart contract auditing and bridge monitoring systems must evolve rapidly to counter increasingly advanced threats.
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Wider Impact: Nervos Hack Adds to Growing List of DeFi Security Breaches
The Nervos breach is part of a troubling trend across the DeFi landscape, which has recently seen several other high-profile hacks.
Onbd Art reported a coordinated attack on four wallets, leading to the loss of multiple tokens and irreplaceable NFTs, attributed to compromised mnemonic phrases.
In a more positive turn, Cetus successfully secured $162 million in frozen assets in a multi-signature wallet as part of its recovery plan.
Meanwhile, Cork Protocol is suspected to have lost $12 million in a smart contract exploit, though stolen assets have not yet been moved.
Collectively, these incidents highlight the urgent need for stronger wallet security, better contract auditing, and improved incident response mechanisms across the decentralized finance space.
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