# Allbridge’s Repeated Security Breach: Same Scenario Three Years Later Allbridge suffers a $1.65 million flash-loan attack on Solana. - **Source:** [DailyCoin](https://brifing.si/source/3e9b0f85-cb2f-40ee-ba61-db9410cf0937) - **Published:** 2026-07-20 - **Topic:** [Finance](https://brifing.si/c/finance) - **Original article:** - **On Brifing:** https://brifing.si/s/182c017f-83ce-400a-bb21-5240f509bf27 ## Details of the Attack Allbridge was hit by a $1.65 million flash-loan attack on Solana. The attacker used a $1.12 million USDC flash-loan from Kamino to manipulate the USDC/USDT liquidity pool and withdrew funds. ## Previous Similar Incident This is Allbridge’s second flash-loan attack in three years. In 2023, a similar attack on BNB Chain resulted in a loss of $573,000. Both incidents involved liquidity pool manipulation. ## Method of the Attack The attacker quickly converted the USDC obtained through the flash-loan into USDT, disrupting the pool’s balance. This manipulation allowed the attacker to withdraw funds at inflated values, causing a $1.65 million loss. ## Differences and Similarities The two attacks occurred on different blockchains but used similar methods. In the 2023 attack, funds were transferred to Tornado Cash, while in 2026, funds were moved from Solana to Ethereum. ## Recovery Efforts Allbridge has asked traders who profited from the arbitrage opportunity to return the funds. However, no recovery has been confirmed so far. ## Importance for DeFi Security This incident highlights the need for DeFi platforms to revisit their methods of protecting liquidity pools from short-term price manipulations. ## Sources covering this story - https://dailycoin.com/allbridge-solana-deja-vu-exploit-same-playbook-bnb-chain-attack/ — --- _Summary written by Brifing from the original reporting. Copyright in the original article belongs to its publisher; read the full piece at the link above._