Garden Finance Security Breach Drains $10 Million Across Chains

Cross-chain protocol Garden Finance has been compromised in a significant security breach that reportedly drained over $10 million from user funds across multiple blockchain networks. While the protocol claims to have isolated the issue to a single component of its system, independent analysis suggests a much broader attack with evidence pointing towards theft through several channels. 25% of Garden’s transaction volume originates from illicit funds tied to past hacks. The breach has led to a temporary suspension of operations as the team works to identify and address vulnerabilities while recovering stolen assets.