tl;dr
Two new crypto hacks were reported today targeting Nervos Network’s Force Bridge and Taiwan’s BitoPro exchange, with estimated losses of approximately $3.7 million and $11.5 million respectively. The Force Bridge hack involved a suspicious address gaining control and stealing around $3 million in va...
Two significant crypto hacks were reported recently, impacting Nervos Network’s Force Bridge and Taiwan-based BitoPro exchange, with combined estimated losses of about $15.2 million.
Force Bridge Hack – $3.7 Million in Losses
Force Bridge, a cross-chain bridge on the Nervos Network, suffered a breach when a suspicious address seized control and stole roughly $3 million in multiple cryptocurrencies, including USDT, ETH, USDC, DAI, and WBTC. The stolen assets were converted to ETH and sent through Tornado Cash, an anonymization tool, complicating recovery efforts. The incident was detected early, leading Magickbase, Force Bridge’s operator, to suspend services promptly. Despite this quick action, total affected funds are about $3.7 million, spread between the Ethereum chain (~$3.1 million) and the BNB Chain (~$600,000). The Force Bridge (ETH/BSC to CKB) is temporarily disabled for safety, highlighting ongoing risks in cross-chain interoperability and the critical need for industry-wide security standards.
BitoPro Hot Wallet Hack – $11.5 Million in Losses
On the same day, BitoPro experienced a suspected hot wallet compromise amid a wallet system upgrade and asset transfer operation. Losses are estimated at $11.5 million. Although the exchange has yet to release an official statement, analysis of trading volumes shows continued high activity. This incident adds to a growing wave of crypto thefts in 2025, particularly during system upgrades where security vulnerabilities often emerge.
These hacks underscore the persistent threats facing cryptocurrency platforms, including sophisticated attacks linked to notorious groups such as North Korean hackers. With over $244 million stolen industry-wide in May 2025 alone, the pressure mounts on exchanges and DeFi protocols to enhance operational security and adopt rigorous safeguards against future breaches.
Have you considered how the increasing frequency of cross-chain bridge exploits might impact long-term crypto adoption? Could tighter regulations or advanced cryptographic methods offer a solution to these recurring security challenges?