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Millions of dollars in tokens forgotten on cross-chain bridges.

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Post time 4-5-2024 08:24:24 | Show all posts |Read mode
Hey, heard you might have forgotten where your money is? Yeah, that's right. Arkham recently posted on social media, saying that some people forgot they had placed several million dollars' worth of cryptocurrencies in the contracts of cross-chain bridges. And listen to this, Ethereum's founder Vitalik Buterin's name is also on the list.

The numbers look a bit scary. There are over a dozen accounts, each containing millions of dollars' worth of digital currencies, just forgotten in the cross-chain contracts. These assets seem to be like old socks left forgotten in a corner, with no one paying attention. Can you imagine? If you were on this list, you'd be losing millions of dollars just like that. Let's take a look at some of the big names on this list. First, we have Ethereum bigwig Vitalik Buterin. Arkham's data shows that an address that had interacted with V God seven months ago transferred 50 ETH to a cross-chain contract, which is now worth over a million dollars. Hey, V God, if you hear this news, you still have a million dollars' worth of Ether waiting for you on the Optimism cross-chain bridge.

Next up, we have Coinbase. About six months ago, Coinbase tried to transfer $75,000 worth of USDC to Ethereum via the Optimism cross-chain bridge, but the money is still stuck on Ethereum's base layer, untouched. There's also Thomasg.eth, the founder of Arrow. He seems to have forgotten 800,000 dollars' worth of Ether on Arbitrum for two years, and no one has touched it. Then there's Bofur Capital. In one of their associated wallets, there's as much as $1.8 million worth of WBTC on the Arbitrum cross-chain bridge, untouched for 27 months. It's still unclear whether this was intentional or forgotten.

There's also a user named Mike MacDonald, who still has $117,000 worth of cryptocurrencies stuck in the cross-chain contract, lingering for five months. It's said that this user previously traded five Cryptopunks, and this stuck fund is from that transaction. What are cross-chain bridges for, you ask? Simply put, they're bridges connecting two different blockchains, allowing assets and data to move between different blockchains. But remember, unlike some cross-chain protocols that can automatically transfer funds to another chain, most native cross-chain bridges require users to manually claim their funds. If you forget to claim, the contract won't remind you, so it's easy to lose money.
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Post time 4-5-2024 08:30:29 | Show all posts
Tokens, are they really that valuable?
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Post time 4-5-2024 08:33:51 | Show all posts
Quickly check the cross-chain contract, maybe you've also forgotten money there!
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