{"id":47772,"date":"2022-08-02T13:46:42","date_gmt":"2022-08-02T13:46:42","guid":{"rendered":"https:\/\/packetstormsecurity.com\/news\/view\/33689\/U.S.-Crypto-Firm-Nomad-Hit-By-190-Million-Theft.html"},"modified":"2022-08-02T13:46:42","modified_gmt":"2022-08-02T13:46:42","slug":"u-s-crypto-firm-nomad-hit-by-190-million-theft","status":"publish","type":"post","link":"https:\/\/www.threatshub.org\/blog\/u-s-crypto-firm-nomad-hit-by-190-million-theft\/","title":{"rendered":"U.S. Crypto Firm Nomad Hit By $190 Million Theft"},"content":{"rendered":"<div><img decoding=\"async\" src=\"https:\/\/www.reuters.com\/resizer\/MTyN4KO4wAR-TTtIGzUhfLaUDXs=\/1200x628\/smart\/filters:quality(80)\/cloudfront-us-east-2.images.arcpublishing.com\/reuters\/JM3DEK52UFI6PHTYDR3I6XYJT4.jpg\" class=\"ff-og-image-inserted\"><\/div>\n<div readability=\"35\">\n<p data-testid=\"primary-image-caption\" id=\"primary-image-caption\" class=\"text__text__1FZLe text__medium-grey__3A_RT text__regular__2N1Xr text__small__1kGq2 body__base__22dCE body__caption__3L8vY article-body__primary-image-caption__WHVnb\">Representations of cryptocurrencies in this illustration taken, January 24, 2022. REUTERS\/Dado Ruvic\/Illustration\/<\/p>\n<div class=\"registration-prompt__container__2jf5K column article-body__aside-registration-prompt__2ivER\">\n<div class=\"registration-prompt__text-content__o0YET\">\n<h6 data-testid=\"Heading\" class=\"text__text__1FZLe text__white__3r45t text__medium__1kbOh text__heading_6__1qUJ5 heading__base__2T28j heading__heading_6__RtD9P registration-prompt__heading__3fq-h\">Register now for FREE unlimited access to Reuters.com<\/h6>\n<p><button data-testid=\"Button\" class=\"button__button__2Ecqi button__secondary__18moI button__round__1nYLA text-button__container__3q3zX registration-prompt__button-text__3kTtQ\" type=\"button\"><\/p>\n<p><span data-testid=\"Text\" class=\"text__text__1FZLe text__inherit-color__3208F text__bold__2-8Kc text__default__UPMUu text-button__medium__113uZ\">Register<\/span><\/p>\n<p><\/button><\/div>\n<\/div>\n<\/div>\n<div readability=\"83.013077593723\">\n<p data-testid=\"paragraph-0\" class=\"text__text__1FZLe text__dark-grey__3Ml43 text__regular__2N1Xr text__large__nEccO body__base__22dCE body__large_body__FV5_X article-body__element__2p5pI\">LONDON, Aug 2 (Reuters) &#8211; U.S. crypto firm Nomad has been hit by a $190 million theft, blockchain researchers said on Tuesday, the latest such heist to hit the digital asset sector this year.<\/p>\n<p data-testid=\"paragraph-1\" class=\"text__text__1FZLe text__dark-grey__3Ml43 text__regular__2N1Xr text__large__nEccO body__base__22dCE body__large_body__FV5_X article-body__element__2p5pI\">Nomad said in a tweet that it was &#8220;aware of the incident&#8221; and was currently investigating, without giving further details or the value of the theft.<\/p>\n<p data-testid=\"paragraph-2\" class=\"text__text__1FZLe text__dark-grey__3Ml43 text__regular__2N1Xr text__large__nEccO body__base__22dCE body__large_body__FV5_X article-body__element__2p5pI\">Crypto analytics firm PeckShield told Reuters $190 million worth of users&#8217; cryptocurrencies were stolen, including ether and the stablecoin USDC. Other blockchain researchers put the figure at over $150 million.<\/p>\n<div class=\"registration-prompt__container__2jf5K registration-prompt__inline__2WDU- article-body__element__2p5pI article-body__inline-registration-prompt__1-N9W\">\n<div class=\"registration-prompt__text-content__o0YET\">\n<h5 data-testid=\"Heading\" class=\"text__text__1FZLe text__white__3r45t text__medium__1kbOh text__heading_5__2krbj heading__base__2T28j heading__heading_5__2A2g- registration-prompt__heading__3fq-h\">Register now for FREE unlimited access to Reuters.com<\/h5>\n<p><button data-testid=\"Button\" class=\"button__button__2Ecqi button__secondary__18moI button__round__1nYLA text-button__container__3q3zX registration-prompt__button-text__3kTtQ\" type=\"button\"><\/p>\n<p><span data-testid=\"Text\" class=\"text__text__1FZLe text__inherit-color__3208F text__bold__2-8Kc text__default__UPMUu text-button__medium__113uZ\">Register<\/span><\/p>\n<p><\/button><\/div>\n<\/div>\n<p data-testid=\"paragraph-3\" class=\"text__text__1FZLe text__dark-grey__3Ml43 text__regular__2N1Xr text__large__nEccO body__base__22dCE body__large_body__FV5_X article-body__element__2p5pI\">San Francisco-based Nomad did not immediately respond to a request for comment.<\/p>\n<p data-testid=\"paragraph-4\" class=\"text__text__1FZLe text__dark-grey__3Ml43 text__regular__2N1Xr text__large__nEccO body__base__22dCE body__large_body__FV5_X article-body__element__2p5pI\">The company has notified law enforcement and is working with blockchain forensics firms to try to identify the accounts involved and get back the funds, it said in <a data-testid=\"Link\" href=\"https:\/\/www.coindesk.com\/tech\/2022\/08\/02\/nomad-bridge-drained-of-nearly-200-million-in-exploit\" target=\"_blank\" class=\"text__text__1FZLe text__dark-grey__3Ml43 text__medium__1kbOh text__large__nEccO link__underline_default__2prE_\" rel=\"noopener\">a statement to crypto news outlet CoinDesk<\/a>.<\/p>\n<p data-testid=\"paragraph-5\" class=\"text__text__1FZLe text__dark-grey__3Ml43 text__regular__2N1Xr text__large__nEccO body__base__22dCE body__large_body__FV5_X article-body__element__2p5pI\">Nomad, which last week raised $22 million from investors including major U.S. exchange Coinbase Global <a data-testid=\"Link\" href=\"https:\/\/www.reuters.com\/companies\/COIN.O\" target=\"_blank\" class=\"text__text__1FZLe text__dark-grey__3Ml43 text__medium__1kbOh text__large__nEccO link__underline_default__2prE_\" rel=\"noopener\">(COIN.O)<\/a>, makes software that connects different blockchains &#8211; the digital ledgers that underpin most cryptocurrencies.<\/p>\n<p data-testid=\"paragraph-6\" class=\"text__text__1FZLe text__dark-grey__3Ml43 text__regular__2N1Xr text__large__nEccO body__base__22dCE body__large_body__FV5_X article-body__element__2p5pI\">The heist targeted Nomad&#8217;s &#8220;bridge&#8221; &#8211; a tool which allows users to transfer tokens between blockchains.<\/p>\n<p data-testid=\"paragraph-7\" class=\"text__text__1FZLe text__dark-grey__3Ml43 text__regular__2N1Xr text__large__nEccO body__base__22dCE body__large_body__FV5_X article-body__element__2p5pI\">Blockchain bridges have increasingly become the target of thefts, which have long plagued the crypto sector. Over $1 billion has been stolen from bridges so far in 2022, according to London-based blockchain analytics firm Elliptic. <a data-testid=\"Link\" href=\"https:\/\/www.reuters.com\/business\/finance\/cryptos-biggest-hacks-heists-2022-03-30\/\" class=\"text__text__1FZLe text__dark-grey__3Ml43 text__medium__1kbOh text__large__nEccO link__underline_default__2prE_\"> read more <\/a><\/p>\n<p data-testid=\"paragraph-8\" class=\"text__text__1FZLe text__dark-grey__3Ml43 text__regular__2N1Xr text__large__nEccO body__base__22dCE body__large_body__FV5_X article-body__element__2p5pI\">In June, U.S. crypto firm Harmony said that thieves stole around $100 million worth of tokens from its Horizon bridge product. <a data-testid=\"Link\" href=\"https:\/\/www.reuters.com\/technology\/us-crypto-firm-harmony-hit-by-100-million-heist-2022-06-24\/\" class=\"text__text__1FZLe text__dark-grey__3Ml43 text__medium__1kbOh text__large__nEccO link__underline_default__2prE_\"> read more <\/a><\/p>\n<p data-testid=\"paragraph-9\" class=\"text__text__1FZLe text__dark-grey__3Ml43 text__regular__2N1Xr text__large__nEccO body__base__22dCE body__large_body__FV5_X article-body__element__2p5pI\">In March, hackers stole around $615 million worth of cryptocurrency from Ronin Bridge, used to transfer crypto in and out of the game Axie Infinity. The United States linked North Korean hackers to the theft. <a data-testid=\"Link\" href=\"https:\/\/www.reuters.com\/technology\/us-ties-north-korean-hacker-group-lazarus-huge-cryptocurrency-theft-2022-04-14\/\" class=\"text__text__1FZLe text__dark-grey__3Ml43 text__medium__1kbOh text__large__nEccO link__underline_default__2prE_\"> read more <\/a><\/p>\n<p data-testid=\"paragraph-10\" class=\"text__text__1FZLe text__dark-grey__3Ml43 text__regular__2N1Xr text__large__nEccO body__base__22dCE body__large_body__FV5_X article-body__element__2p5pI\">Nomad described itself as <a data-testid=\"Link\" href=\"https:\/\/www.businesswire.com\/news\/home\/20220728005194\/en\/Nomad-Announces-Strategic-Investment-from-Coinbase-Ventures-OpenSea-Crypto.com-Capital-Polygon-as-Part-of-Seed-Funding\" target=\"_blank\" class=\"text__text__1FZLe text__dark-grey__3Ml43 text__medium__1kbOh text__large__nEccO link__underline_default__2prE_\" rel=\"noopener\">&#8220;security-first&#8221;<\/a> business which would keep users&#8217; funds safe.<\/p>\n<p data-testid=\"paragraph-11\" class=\"text__text__1FZLe text__dark-grey__3Ml43 text__regular__2N1Xr text__large__nEccO body__base__22dCE body__large_body__FV5_X article-body__element__2p5pI\">PeckShield said that a small proportion of the coins were moved to a so-called &#8220;mixer&#8221;, which masks the trail of crypto transactions, while around $95 million was held in three other wallets.<\/p>\n<div class=\"registration-prompt__container__2jf5K registration-prompt__inline__2WDU- article-body__element__2p5pI\">\n<div class=\"registration-prompt__text-content__o0YET\">\n<h5 data-testid=\"Heading\" class=\"text__text__1FZLe text__white__3r45t text__medium__1kbOh text__heading_5__2krbj heading__base__2T28j heading__heading_5__2A2g- registration-prompt__heading__3fq-h\">Register now for FREE unlimited access to Reuters.com<\/h5>\n<p><button data-testid=\"Button\" class=\"button__button__2Ecqi button__secondary__18moI button__round__1nYLA 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Thomson Reuters Trust Principles.<\/a><\/p>\n<\/div>\n<p>READ MORE <a href=\"https:\/\/packetstormsecurity.com\/news\/view\/33689\/U.S.-Crypto-Firm-Nomad-Hit-By-190-Million-Theft.html\">HERE<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>READ MORE HERE&#8230;<\/p>\n","protected":false},"author":2,"featured_media":47773,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"colormag_page_layout":"default_layout","footnotes":""},"categories":[277],"tags":[1460],"class_list":["post-47772","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cybersecurity-blogs","tag-headlinehackercybercrimedata-lossfraudcryptography"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>U.S. Crypto Firm Nomad Hit By $190 Million Theft 2026 | ThreatsHub Cybersecurity News<\/title>\n<meta name=\"description\" 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