Adshares Bridge (ADS)
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anchored·35koGK…eZ6rSummary
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
9 entities · 60 linked investigations- KelpDAO / LayerZero Bridge Exploit (April 2026) — DPRK Lazarus→mentioned with→Drift(85%)
- KelpDAO / LayerZero Bridge Exploit (April 2026) — DPRK Lazarus→mentioned with→Ethereum(80%)
- Uniswap→mentioned with→Ethereum(80%)
- Drift Protocol→mentioned with→KelpDAO / LayerZero Bridge Exploit (April 2026) — DPRK Lazarus(75%)
- LayerZero — DVN Single-Verifier Configuration Risk→mentioned with→Ethereum(60%)
- LayerZero — DVN Single-Verifier Configuration Risk→mentioned with→KelpDAO / LayerZero Bridge Exploit (April 2026) — DPRK Lazarus(80%)
- KelpDAO / LayerZero Bridge Exploit (April 2026) — DPRK Lazarus→mentioned with→LayerZero — DVN Single-Verifier Configuration Risk(80%)
- Adshares Bridge (ADS)→mentioned with→Drift Protocol(80%)
- Adshares Bridge (ADS)→mentioned with→Transit Finance(80%)
- KelpDAO / LayerZero Bridge Exploit (April 2026) — DPRK Lazarus→mentioned with→Drift Protocol(80%)
- + 10 more
Timeline(6 events)
15 May 2026
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 / PeckShield17 May 2026
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 / PANews17 May 2026
Adshares team posts on-chain whitehat message offering 10% bounty in exchange for return of 90% of stolen funds
CryptoAdventure18 May 2026
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 / PeckShield19 May 2026
MEXC News publishes report on the 86% fund recovery; no post-mortem from Adshares team yet published
MEXC News28 May 2026
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 investigationDecision Log
- slot 422653934 · hash E8HR8hm4nuch3YyvBjLXu1cPGdRZncvx9FhdPXuETYLk
This investigation is cryptographically anchored to the Solana blockchain (1 decision). 9 of 12 cited source URLs have an Internet Archive snapshot.
model: claude-sonnet-4-6
generated: 5/28/2026, 5:10:38 AM
last updated: 8/29/2026, 1:35:05 AM
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