Friends, I need to talk about something today.



Another cross-chain bridge has been compromised—this time it's not just a simple hacker attack; it feels more like a "collusion from inside and outside" scenario. A well-known bridge project was reported to have been drained of nearly 50 million USD early this morning, with assets quickly dispersed across six different chains.

The most outrageous part is that most of the funds didn't immediately dump but instead sat in several new wallets, as if waiting for the right moment. The project's response was even more amusing—first claiming "encountered a sophisticated persistent threat," then three hours later changing to "initiated an internal investigation," and finally completely freezing the bridge's functionality.

This move really feels like when you sneak candy from the house as a kid and get caught by your parents, so you hurriedly hide the candy jar under the bed.

The key question is: if the core permissions of a cross-chain bridge can be frozen with just a few people, what’s the point of decentralization? Are we truly using genuine DeFi, or just wrapping a "centralized gate" in blockchain skin?

This makes me think of one thing—true reliable cross-chain protocols should be designed like this:

**No emergency stop button.** Because the safest solution isn't to cut off service but to rely on the mechanism itself. For example, distributed signatures for cross-chain transactions, so no single entity can control the flow of assets. Each cross-chain transaction is confirmed by an asynchronous network of validation nodes, so even if one chain temporarily encounters issues, assets on other chains can still flow freely.

It's like a real bridge—if one pier develops a crack, it doesn't cause the entire road to collapse, right?
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0xTherapistvip
· 10h ago
It's the same old "internal investigation" excuse again, it cracks me up, just like those previous incidents carved from the same mold. Basically, it's too centralized of power—one person's button can freeze the entire bridge. What are you even doing then? Fifty million dollars still sitting idle in the wallet—this move is indeed a bit deliberate... Decentralization has been touted for so many years, but it still boils down to the same old centralized tricks. I really don't know what to say.
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TokenomicsDetectivevip
· 18h ago
It's the same old trick again, the project team first shifts blame and then freezes assets, clearly a scene of destroying evidence.
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0xSunnyDayvip
· 18h ago
Another internal traitor drama is happening again, and this time I really can't hold it anymore. Fifty million is gone just like that, the project's rhetoric is faster than flipping through a book, hilarious.
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TideRecedervip
· 19h ago
Here we go again, this time even more outrageous, it feels like insiders are betraying their own people. Fifty million dollars just disappeared like that, and they still pretend it's an "internal investigation." It's really laughable. Holding the one-click freeze authority, and still talking about decentralization—it's the same old trick at its core. That's why I've always believed that many projects are just scam wraps; the surface is blockchain, but the core is still centralized.
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