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Garden Finance Suffers $450K USDT Theft via HTLC Vulnerability on July 27

Security Incidents

2026-07-27 02:17:47

ETH3.66%

ARB-1.18%

BNB0.52%

According to Cointelegraph, on July 27, Garden Finance, a cross-chain bridge and atomic swap protocol, detected anomalous activity and temporarily shut down its application. Blockchain security firm Blockaid revealed that attackers exploited a hash time-locked contract (HTLC) vulnerability in Garden Finance to steal approximately $450,000 in USDT across Ethereum, Base, Arbitrum, and BNB Smart Chain.

The incident marks another significant breach in the cross-chain bridge sector, where HTLC vulnerabilities have been a recurring attack vector.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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