Security Incident · ETH Ecosystem
Yala Security Vulnerability: $7.64M Reported Loss
On September 14, the stablecoin protocol Yala disclosed that a recent security incident occurred when a hacker abused a temporary deployment key during the setup of an authorized cross-chain bridge.
- Reported loss
- $ 7,640,000
- Attack category
- Security Vulnerability
Incident Overview
The attacker deployed an unauthorized bridge and extracted 7.64 million USDC (approximately 1,636 ETH). On October 29, the suspect involved in the case was arrested by law enforcement in Bangkok, Thailand, and most of the affected funds have been successfully recovered.
Sources & References
This record presents information attributed to the linked sources. Incident dates describe the original event, not a new report. Reported loss figures reflect the source record and are not current market valuations.