U.S. crypto firm Nomad has been hit by a $190 million theft, blockchain researchers said today, the latest such heist to hit the digital asset sector this year, Reuters reported. Nomad said in a tweet that it was "aware of the incident" and was currently investigating, without giving further details or the value of the theft. Crypto analytics firm PeckShield told Reuters $190 million worth of users' cryptocurrencies were stolen, including ether and the stablecoin USDC. Other blockchain researchers put the figure at over $150 million. The company has notified law enforcement and is working with blockchain forensics firms to try to identify the accounts involved and get back the funds, it said in a statement to crypto news outlet CoinDesk. Nomad, which last week raised $22 million from investors including major U.S. exchange Coinbase Global, makes software that connects different blockchains — the digital ledgers that underpin most cryptocurrencies. The heist targeted Nomad's "bridge" — a tool which allows users to transfer tokens between blockchains. Blockchain bridges have increasingly become the target of thefts, which have long plagued the crypto sector. Over $1 billion has been stolen from bridges so far in 2022, according to London-based blockchain analytics firm Elliptic. In June, U.S. crypto firm Harmony said that thieves stole around $100 million worth of tokens from its Horizon bridge product.
