ChainConnect bridge loses $650K after unauthorized access drains contracts across four EVM chains in 23 transactions

The incident occurred on 26 July 2026, when ChainConnect's EVM integration was compromised through unauthorized access, prompting an immediate pause of bridge operations. The attacker drained roughly $650,000 in tokens from the bridge contracts in 23 transactions. The affected networks were Ethereum, BNB Chain, Avalanche C-Chain and Polygon. The announcement directed users to the project's website, chainconnect.com, but provided no further detail on the cause of the breach or remediation plans.

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