TechFlow news — On January 26, according to Crowdfundinsider, peer-to-peer cryptocurrency trading platform NoOnes confirmed suffering a major security breach earlier this month, resulting in the loss of approximately $8 million in crypto assets. NoOnes CEO Ray Youssef confirmed on his Telegram channel that the hack occurred on January 1 due to a vulnerability in its Solana cross-chain bridge.
Earlier reports indicated that, according to cryptocurrency researcher ZachXBT's investigation, the hacker gradually transferred funds via small transactions of around $7,000 each across multiple networks including Ethereum, Tron, Solana, and Binance Smart Chain over two days, totaling about $7.9 million. The stolen funds were subsequently funneled into Tornado Cash for mixing. The platform has since shut down the affected Solana cross-chain bridge and stated it will not restore Solana support until a comprehensive penetration test is completed.
