Wormhole cryptotrading company turns over $340,000,000 to criminals

To misquote (and, indeed, to mis-punctuate) Charles Dickens: 

It was the best of blockchains, it was the worst of blockchains

This week, cryptocurrency company Wormhole lived up to its name by exposing an exploitable vulnerability that apparently allowed cybercriminals to run off with an eye-watering 120,000 Ether tokens.

Assuming a conversion rate of ETH1 = US$2800, that comes out close to $340,000,000.

You’ll find mention of this cyberheist on Wormole’s Twitter feed (@wormholecrypto), under an apparently un-ironic heading that describes the company’s business as:

Interoperability protocol powering the seamless transfer of value and information across 7 high value chains with just one integration”

“Seamless transfer” indeed!

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