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Adshares Bridge (ADS)

avoid.net/adshares-bridge-ads→28/100·72% conf.
[AI-DRAFTED · AWAITING VERIFICATION]
anchored·35koGK…eZ6r

Summary

Adshares is a Warsaw-based decentralized advertising protocol operating a proprietary dPoS blockchain with cross-chain bridges to Ethereum, BSC, Base, and Polygon. In May 2026 its Ethereum bridge was exploited for approximately $628,000 through fake wrapped-token minting, making it one of eight bridge exploits tracked by PeckShield that month. Approximately 86% of stolen funds were returned after the team offered a 10% whitehat bounty, but no public post-mortem has been published and the root cause of the bridge compromise remains unconfirmed.

Connected Entities

1 entities · 10 linked investigations
Organizations
□Adshares Bridge (ADS)
Relationships
    Also appears in
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    Have evidence about Adshares Bridge (ADS)?

    Timeline(6 events)

    2026-05-15

    Adshares cross-chain bridge on Ethereum exploited; attacker uses bridge-minter EOA to sign three wrapTo() calls with non-existent native-chain transaction IDs, minting approximately 1.2 million fake wADS tokens

    SlowMist Hacked / PeckShield

    2026-05-17

    Exploit widely reported; attacker dumps fake wADS via Uniswap V4 UniversalRouter, draining approximately 148.5 ETH and $305,000 USDC for total losses of approximately $628,000

    CryptoAdventure / PANews

    2026-05-17

    Adshares team posts on-chain whitehat message offering 10% bounty in exchange for return of 90% of stolen funds

    CryptoAdventure

    2026-05-18

    PeckShield detects 256 ETH (approximately $540,700, roughly 86% of stolen funds) returned from exploiter address to Adshares deployer address; PANews reports on recovery

    PANews / PeckShield

    2026-05-19

    MEXC News publishes report on the 86% fund recovery; no post-mortem from Adshares team yet published

    MEXC News

    2026-05-28

    As of investigation date, no public post-mortem has been published by the Adshares team; bridge security status remains unconfirmed; approximately $87,300 (14% of exploit proceeds) not returned

    AVOID.NET investigation
    Provenance & Audit Trail
    Anchored on SolanaVerify on-chain

    Decision Log

    This investigation is cryptographically anchored to the Solana blockchain and source URLs are archived via the Internet Archive.

    full audit log →version history →

    model: claude-sonnet-4-6

    generated: 5/28/2026, 5:10:38 AM

    last updated: 5/28/2026, 8:10:44 AM

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