CrossCurve Crypto Protocol Faces $3M Exploit, Users Advised to Pause

CrossCurve, a crypto bridge, has urged users to halt all activities due to a smart contract exploit leading to a loss of $3 million.

The cryptocurrency protocol CrossCurve is currently facing a security breach, prompting the platform to advise its users to temporarily cease interactions with the protocol. This precautionary measure is being taken as the team investigates the details surrounding a significant exploit affecting their smart contracts.

Reportedly, the incident has resulted in an estimated loss of $3 million. CrossCurve is working diligently to understand the extent of the breach and to implement necessary measures to enhance security protocols moving forward.