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Security incidents on the Flow blockchain have sparked widespread concern. According to the official post-incident technical analysis, the attacker exploited a type confusion vulnerability in the Cadence VM to successfully forge tokens. This event exposed potential risks at the virtual machine level.
It is estimated that approximately $3.9 million worth of assets were transferred out of the network via multiple cross-chain bridges before the suspension, involving mainstream cross-chain protocols such as Celer, deBridge, Stargate, and Relay. This highlights a key issue for the industry—the fragility of cross-chain security.
Fortunately, most of the forged assets have been contained on-chain or are under control by the relevant teams and ecosystem partners. However, this incident also serves as a wake-up call for developers and users: security audits of smart contracts and cross-chain risk assessments need to be more cautious. The subsequent fix plans and compensation mechanisms from Flow are also worth关注.