Ad
Ad
COINTURK NEWSCOINTURK NEWSCOINTURK NEWS
  • Crypto Tracker App
  • Bitcoin
  • Altcoin
  • Ethereum
  • Advertise
  • Contact
  • TURTURTUR
  • ESESES
Search
© 2024 COINTURK NEWS. All Rights Reserved.
Reading: zkLink Nova’s ETH escrow drained in $786,000 exploit, Blockaid says attack ongoing
Share
Font ResizerAa
COINTURK NEWSCOINTURK NEWS
Font ResizerAa
Search
  • Crypto Tracker App
  • Bitcoin
  • Altcoin
  • Ethereum
  • Advertise
  • Contact
  • TURTURTUR
  • ESESES
Follow US
© 2025 >> COINTURK NEWS
Powered by LK SOFTWARE
COINTURK NEWS > Ethereum (ETH) > zkLink Nova’s ETH escrow drained in $786,000 exploit, Blockaid says attack ongoing
Ethereum (ETH)

zkLink Nova’s ETH escrow drained in $786,000 exploit, Blockaid says attack ongoing

In Brief

  • 🚨 zkLink Nova's Ethereum escrow drained of nearly all funds in ongoing exploit.

  • 🕵️‍♂️ Blockaid says $786,000 in ETH and ERC-20 tokens were stolen through a fake batch root sent by a public relayer.

  • 💡 Similar vulnerabilities hit Cysic and Verus bridges in recent months, highlighting ongoing risks in cross-chain protocols like $ETH.

  • News impact: Negative.
İlayda Peker
İlayda Peker 6 seconds ago
Share
SHARE
Memetoro

On Wednesday, the Ethereum escrow on zkLink Nova was nearly emptied, with its balance reduced to approximately 0.001 ETH, following an attack involving a fake batch root submitted via a public relayer. Security company Blockaid, which monitors blockchain threats, reported that the losses reached around $786,000 in ETH and ERC-20 tokens. The exploit, first disclosed by Blockaid at 10:24 p.m. ET, is ongoing, with further risks not ruled out.

Contents
Batch root forgery and exploit mechanismKey transactions and funds drainedWider context: previous bridge attacks

Batch root forgery and exploit mechanism

Blockaid identified that the attacker exploited Nova’s system by using a public relayer to inject a fraudulent batch root on the Ethereum network. This manipulated the bridge’s withdrawal approval process, allowing the attacker to finalize unauthorized withdrawals of ETH and ERC-20 tokens from Nova’s Layer 1 escrow. The funds were then directed to addresses under the attacker’s control.

Blockaid highlighted that approximately $786,000 had been drained from both the ETH escrow and the ERC-20 bridge contract, and noted that the attack was still in progress at the time of reporting.

Nova operates as an asset aggregation bridge, pooling assets from Ethereum and affiliated Layer 2 networks. Users’ deposits remain secured on their source chains, while credits are issued on Nova through its canonical bridge mechanism.

A batch root is a cryptographic hash employed by bridges to validate withdrawal requests and transactions. In zkLink’s architecture, settlement procedures require batch root verification and cross-chain proof validation before any withdrawals are executed.

According to Blockaid, the attacker bypassed intended safeguards by using the public relayer to inject the fake batch root. The malicious root allowed the processing of illegitimate withdrawal requests, resulting in swift asset transfers to the attacker.

Mini dictionary: Public relayer — A node or infrastructure that forwards transactions or proofs on behalf of users or protocols to public blockchains. While relayers simplify transaction management, improper security controls can make them a point of vulnerability for exploits such as unauthorized batch root submissions.

Key transactions and funds drained

A critical transaction associated with the attack occurred at 6:21 p.m. ET on October 28. During this incident, the attacker withdrew 22.43 ETH and 11 ERC-20 tokens from Nova’s escrow and bridge contracts, transferring the entire amount to a single address.

The stolen assets included 245.74 pufETH, valued at about $613,536, in addition to 18,113 USDC, and 3,361 USDT. Etherscan data showed that this single transaction amounted to $778,625.84. Since this figure does not include all related transactions, the total losses may be higher.

AssetAmountApproximate USD Value
pufETH245.74$613,536
USDC18,113$18,113
USDT3,361$3,361
ETH22.43Included above
Total$778,625.84

Blockaid identified two wallet addresses used by the perpetrator, designating the ERC-20 bridge contract as an additional target. Etherscan confirmed that after the attack the ETH escrow was nearly emptied, showing a balance of only 0.001 ETH. By 10:29 p.m. ET, the escrow’s pause functionality had not been triggered, leaving uncertainty about any further protective measures being enforced.

Wider context: previous bridge attacks

The incident follows similar exploits on cross-chain bridges in recent months. Just 11 days earlier, attackers leveraged a fake mint message to create 10 million unauthorized CYS tokens on Cysic’s cross-chain bridge, with 7.2 million of those tokens subsequently sold. The attacker’s wallet transferred roughly $727,000 to Ethereum before the address was blacklisted by the project.

In July, the Verus Ethereum bridge lost $7.54 million in its second exploit. Another breach in May drained $11.58 million, both incidents reportedly tied to the same flawed contract and route. Investigations revealed that the root cause in May was missing validation code in the checkCCEValues function, a pattern seen in other high-profile bridge attacks such as the Wormhole and Nomad exploits.

You can follow our news on X, Telegram, Facebook & Coinmarketcap

You Might Also Like

Ethereum falls to $2,309 as US ETF outflows persist and Coinbase premium drops

Ethereum trades at $2,308, targets shift as price falls 42% in 2026

Ethereum whale deposits 22,504 ETH to Aave, borrows $31 million for leveraged trades

OpenAI AI model claims to disprove Exponential Time Hypothesis, not related to $ETH

Ethereum tests 200-day EMA at $2,317 after $88.6 million ETF outflows

İlayda Peker 29 October, 2026 - 1:23 pm 29 October, 2026 - 1:23 pm
Share This Article
Facebook Twitter
Share
İlayda Peker
By İlayda Peker
Follow:
The author, who holds a degree in International Relations and Political Science, has 10 years of experience as a writer and editor in the fields of cryptocurrency, blockchain technologies, and digital asset markets.While at COINTURK, he has published over 8,500 news articles, analyses, essays, and reports on Bitcoin, altcoins, cryptocurrency markets, the blockchain ecosystem, digital asset regulations, and global financial developments. Closely following market movements and industry developments, the author addresses the complex world of cryptocurrency in a clear and reader-friendly manner.An avid reader, the author also evaluates the impact of international developments on financial markets and the digital asset ecosystem.
Previous Article Bitcoin exchange netflows turn positive as BTC trades near $80,000
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Stay Connected

8.1k Like
21.1k Follow
1.1k Follow
Discover the CryptoAppsy app

Latest News

Bitcoin exchange netflows turn positive as BTC trades near $80,000
Bitcoin (BTC)
Hyperliquid burns $3.89 billion in HYPE tokens, removing nearly 5% of supply
Hyperliquid (HYPE)
//

COINTURK was launched in March 2014 by a group of technology enthusiasts who believe that Bitcoin will be as important as the internet in the world of the future thanks to the amazing technology underlying it.

CRYPTOCURRENCY LIVE PRICES

  • Bitcoin (BTC) Live Price
  • Ethereum (ETH) Live Price
  • Ripple (XRP) Live Price
  • Solana (SOL) Live Price
  • Dogecoin (DOGE) Live Price
  • Cardano (ADA) Live Price
  • Chainlink (LINK) Live Price

OUR PARTNERS

  • COINMARKETCAP
  • COINGECKO
  • BITCOINHABER
  • BH NEWS
  • NEWSLINKER

OUR COMPANY

  • About Us
  • Cookie Policy
  • Advertising
  • Contact
COINTURK NEWSCOINTURK NEWS
Follow US
COINTURK NEWS 2026
Welcome Back!

Sign in to your account

Lost your password?