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Nomad Bridge (2022) — Crypto Hack

Partially Recovered
Aug 1, 2022·
EthereumMoonbeamEvmos
Amount Stolen
$190.0M
Various tokens
Recovered
$36.0M
19% of stolen funds

A faulty initialization set a trusted root to 0x00, allowing anyone to spoof any message, leading to a chaotic free-for-all drain.

Summary

A faulty initialization set a trusted root to 0x00, allowing anyone to spoof any message, leading to a chaotic free-for-all drain.

How It Was Compromised — Bridge via Smart Contract Exploit

BridgeSmart Contract Exploit

During a routine upgrade, Nomad's Replica contract was initialized with 0x0000...0000 as a trusted root. This meant any message with a body of 0x00 would pass verification. Once discovered, hundreds of copycat attackers replayed the original transaction with their own addresses, draining the bridge in a chaotic swarm attack with 300+ unique addresses.

Fund Flow & Laundering Analysis

Funds distributed across hundreds of wallets. Some 'white-hat' participants returned approximately $36M voluntarily. Remaining funds routed through Tornado Cash and cross-chain bridges. Nomad offered 10% bounty for return of funds. Attacker identities largely unknown due to scale of copycat participation.

Related Incidents

For educational and transparency purposes only. Not financial advice. Data compiled from public sources and may contain approximations.