Nomad, a company that provides tools for tokens to be transferred across different blockchains, has suffered from what could be the first ever decentralized robbery in the crypto space. Close to $200 million was drained from the platform by a multitude of users that simply copied the same exploit employed by a single hacker.
Nomad’s hack differs from other crypto exploits, which usually involve a coordinated attack unfolding over a period of time, and instead stems from the work of one rogue actor who was parroted by hundreds of other accounts.
