Wanchain-Cardano Bridge NIGHT Token Exploit (July 2026)
Summary
On July 20–21, 2026, an attacker exploited a cryptographic signature-reuse vulnerability in the Wanchain-operated cross-chain bridge connecting Cardano and BNB Chain, draining approximately 515 million NIGHT tokens valued between $9 million and $13 million at the time of theft. The vulnerability resided in the bridge's TreasuryCheck validator, which concatenated 14 variable-length transaction fields without delimiters, allowing a legitimate small-value signature to be replayed against a vastly larger withdrawal. The underlying Midnight blockchain and Cardano networks were not compromised; the breach was isolated to Wanchain's third-party bridge infrastructure.
Connected Entities
1 entities · 10 linked investigationsTimeline(5 events)
2026-07-17
Cardano executes the van Rossem hard fork (protocol version 11), expanding Plutus smart-contract functionality — three days before the exploit.
CryptoSlate2026-07-20
Attacker executes four transactions between approximately 14:46 and 14:55 UTC, draining approximately 515.2 million NIGHT tokens from the Wanchain Cardano-to-BNB Chain bridge treasury in roughly eight to nine minutes. The exploit is attributed to a non-injective signed-message encoding flaw in the TreasuryCheck validator.
CryptoTimes (technical analysis) / Blockonomi2026-07-21
Wanchain publicly acknowledges the breach and takes the Cardano-BNB Chain bridge offline. NIGHT token falls to an all-time low near $0.015–$0.016, a decline of 28–43% intraday. BlockSec's Phalcon monitor issues preliminary analysis. Midnight Foundation confirms Midnight blockchain is unaffected.
CryptoTimes / CoinGape / TokenPost2026-07-22
NIGHT token rebounds approximately 19% from session lows. Charles Hoskinson comments publicly, calling for industry-wide shift to zero-knowledge proof-based bridge infrastructure. CoinDesk reports on the rebound and Hoskinson's statements.
CoinDesk2026-07-26
CryptoTimes reports the industry lost over $47 million across multiple hacks in a single week, citing Wanchain, AFX Trade, and Verus as among the affected projects.
CryptoTimesDecision Log
- #1publish⛓ pending7/28/2026, 5:16:01 PMhash: AcUvnWV8D1Lj9NmUV7bt227WgjpQ7MJEJfv6YGywP73u
12 of 16 cited source URLs have an Internet Archive snapshot.
model: claude-sonnet-4-6
generated: 7/28/2026, 5:15:54 PM
last updated: 7/28/2026, 6:45:21 PM
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