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Reading: Socket Recovers 1032 ETH Following Security Breach | ForkLog
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Blockchain Security

Socket Recovers 1032 ETH Following Security Breach | ForkLog

Last updated: August 16, 2025 3:30 pm
Published: 6 months ago
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The team behind the cross-chain bridge aggregator Socket has recovered 1032 ETH (equivalent to $2.3 million at current prices) that were lost due to an exploit in the Bungee protocol last week.

The company has promised to soon publish a recovery and distribution plan for users.

The Socket team also expressed gratitude to blockchain security researchers for their assistance.

Earlier, the incident on January 16 affected wallets with infinite contract approvals. The attack resulted in a $3.3 million loss for the protocol.

Read more on forklog.com

This news is powered by forklog.com forklog.com

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