Hedera Network Hack 2026 — $5M Exploit Analysis

Suspected exploit on Hedera network moved ~$5.25M in assets from Hedera to Ethereum via the LayerZero bridge; Hedera has not officially confirmed.

Details

• Date: 2026-07-11
• Amount Lost: $5,250,000
• Chain(s): Hedera, Ethereum
• Category: Bridge
• Technique: Cross-chain Bridge Exploit (Suspected)
• Status: Suspected
• Amount Recovered: None reported

Full Description

On July 11, 2026, a suspected exploit on the Hedera network moved approximately $5.25M in assets from Hedera to Ethereum via the LayerZero bridge. The attacker funded a wallet with 1 ETH via Tornado Cash, bridged the assets, and swapped WBTC for ETH. The attacker wallet held approximately 2,360 ETH (~$4.25M) and 15.58 WBTC (~$1M). Hedera has not officially confirmed the incident. HBAR dropped approximately 2% following the reports.

Laundering Analysis

Attacker funded wallet with 1 ETH via Tornado Cash. Bridged assets from Hedera to Ethereum via LayerZero, then swapped WBTC for ETH. Attacker wallets: 0x9A4966152F6e10b33Cb7a37975e8619816d6a494, 0xaf20D792A19fD42dCf697ceBa6100291D96dD93e.

Sources

• https://cryptobriefing.com/hedera-network-exploit-5m-stolen/

Transaction Hashes

• 0x9A4966152F6e10b33Cb7a37975e8619816d6a494
• 0xaf20D792A19fD42dCf697ceBa6100291D96dD93e

Related Hacks

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• Poly Network — 2021-08-10 — $611M
• BNB Chain Bridge (BSC Token Hub) — 2022-10-07 — $570M
• Wormhole — 2022-02-02 — $320M
• Mixin Network — 2023-09-23 — $200M

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