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DeFi Project Known as Wormhole Hit With a Potential $320 Million Hack

  • Protocol serves as link between Solana and other DeFi networks
  • Project developers haven’t said what is origin of the funds
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Wormhole, a communication bridge between Solana and other decentralized-finance blockchain networks, said all funds have been restored and the platform is back up after hackers stole about $320 million in cryptocurrency.

The online thieves made away with 120,000 wETH, or so-called wrapped Ether, the project’s team said on Twitter Wednesday. On Thursday morning, the team said “all funds have been restored,” without specifying the source of the funding. Earlier, the project pledged to add Ether to ensure the wETH is backed one-for-one.