402bridge private key leaks, 227 wallets drained in minutes
402bridge, the cross-layer protocol that builds upon the AI agent payments system x402, has been hacked, resulting in the theft of $17,000 in USDC from more than 200 victims. That’s according to crypto analyst PeckShield, which encouraged 402bridge users to revoke their allowances. Pseudonymous X user “Ye in Web3” claims that after 402bridge’s contract was deployed, the private keys were leaked. They were then used to transfer ownership of the contract and drain users who had previously approved the contract to spend funds. In just 28 minutes, 227 users were affected . 402bridge added that the private leak led to the compromise of more than a dozen of the team’s test and main wallets. The protocol previously confirmed that private keys are stored on a server, which may have exposed admin privileges. Due to this private key leak, more than a dozen of the team’s test and main wallets have also been compromised (ex. screenshot below). We have promptly repo...