CrossCurve Exploit Drains $3M; Users Urged to Halt Activity
CrossCurve confirmed an active security incident after roughly $3 million was drained from its protocol and has publicly urged all users to cease interactions while engineers investigate. The team says it is tracking funds and monitoring related addresses; details about the exploit vector have not yet been released. Users should avoid deposits, swaps, or liquidity operations on the CrossCurve interface until the investigation concludes.
The breach underscores ongoing risks for bridge and DeFi contracts, where a single vulnerability can rapidly affect liquidity and user funds. Affected users should follow CrossCurve’s official channels for updates, consider revoking contract approvals from their wallets, and monitor transaction activity carefully. Recovery of stolen funds remains uncertain and will likely depend on tracing efforts and cooperation from exchanges or forensic teams.