PeckShield: The root cause of the attack on Allbridge was that hackers manipulated the exchange price of the fund pool and lost about $570,000

PeckShield tweeted that the cross-chain bridge Allbridge was hacked resulting in a loss of about $570,000, including 282,889 BUSD and 290,868 USDT. The root cause of this attack is that hackers manipulated the exchange price of the fund pool, acted as LP and Swapper, manipulated the price, and exhausted the funds in the fund pool. Foresight News previously reported that the cross-chain bridge Allbridge tweeted that it was investigating the current situation of the BNB Chain capital pool. During the investigation, the cross-chain bridge has been temporarily closed.