Socket service and its Bungee bridge suffer $3.3 million theft

The Socket cross-chain infrastructure protocol was hacked for around $3.3 million in an attack that exploited its Bungee bridge. The thieves were able to exploit a bug that allowed them to take assets from those who had granted approval to a portion of the system called SocketGateway.

A little over 700 victims were affected, and the highest loss from a single wallet was around $657,000. 121 wallets lost assets priced at more than $10,000.

• 
  “Socket, Bungee Restart Operations After Apparent $3.3M Exploit”
  , CoinDesk
• 
  “Socket Tech security breach affects multiple dapps and wallets”
  , Blockworks