Aethir Contains Bridge Hack, Limits User Losses

Athens-based blockchain company Aethir has reportedly contained a malicious attack targeting its ATH bridge contracts linking Ethereum to other chains.

The company's team confirmed that all compromised contracts were promptly disconnected, successfully halting the exploit and preventing further losses. The main ATH supply on Ethereum remains fully intact, and the ETH-ARB bridge on Squid was not affected.

According to Aethir, user losses were limited to under $90,000, and a full compensation plan will be announced next week. The company is working with authorities and partner exchanges to trace the attackers and freeze associated funds.