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Crypto Bridge Bleeds $11M: Another Hack Hits Cross-Chain Infrastructure
P2P MarketsBearish1 min readMay 18, 2026CoinDesk

Crypto Bridge Bleeds $11M: Another Hack Hits Cross-Chain Infrastructure

Another crypto bridge just got rinsed for $11 million. This isn't just noise; it's a direct hit to the trust that fuels P2P volume.

PUNCH

$11 MILLION GONE. That's the latest hit on a crypto bridge, proving cross-chain security is still a joke.

CONTEXT

This exploit is just the latest in a relentless wave of attacks targeting the very infrastructure that's supposed to connect blockchains.

NUMBERS

An $11 million exploit occurred recently, adding to a growing list of cross-chain infrastructure failures.

P2P ANGLE

Every bridge hack erodes confidence, making users clutch their stablecoins tighter and potentially shrinking order flow on Binance and Bybit P2P as risk aversion spikes.

STRIKE

Expect P2P spreads to widen as traders price in this fresh layer of cross-chain risk.

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