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Nomad Crypto Bridge Is Target of $200 Million Hack

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The Street

By Rob Daniel Nomad, which enables crypto holders to swap their tokens among blockchains, was the target of hackers who pillaged about $200 million, reports say. Nomad, a bridge that enables crypto holders to swap their tokens among different blockchains, was the target of hackers who pillaged about $200 million from the operation, the company and media reports say. The attack was the latest on bridges in the cryptocurrency industry, which is largely unregulated. “We are working around the clock to address the situation and have notified law enforcement and retained leading firms for blockchai…

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