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Wanchain

avoid.net/wanchain32/100·70% conf.
[AI-DRAFTED · AWAITING VERIFICATION]

Auto-generated score, not yet verified against the scoring model. Under review — treat as indicative, not a verdict.

anchored·5gxzcw…Q19j

Summary

Wanchain is a blockchain interoperability project founded in 2017 by Jack Lu that operates cross-chain bridges connecting networks such as Ethereum, BNB Chain, and Cardano. On July 21, 2026, Wanchain's Cardano-to-BNB Chain bridge was exploited for approximately $10 million (515.2 million NIGHT tokens) due to a signature-reuse flaw in its TreasuryCheck validator, one of the larger cross-chain bridge exploits of 2026. The incident caused a 30-40% intraday crash in the price of NIGHT (the token of the Cardano-affiliated Midnight blockchain) and prompted Wanchain to take its bridge offline while the Midnight Foundation publicly distanced its core network from the breach.

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Community submissions

Timeline(5 events)

October 2017

Wanchain whitepaper released by founder Jack Lu; ICO reportedly raises approximately $36 million.

CryptoBriefing / project background reporting

December 2025

Wanchain launches cross-chain bridge support connecting Cardano's NIGHT token to BNB Chain.

crypto.news

March 2026

Midnight blockchain mainnet launches.

crypto.news

20 July 2026

Attacker allegedly exploits signature-reuse flaw in Wanchain's TreasuryCheck validator; 515.2 million NIGHT tokens moved to attacker wallet across four transactions between 14:46-14:55 UTC.

The Crypto Basic / BlockSec analysis

21 July 2026

BlockSec's Phalcon monitor publicly flags the exploit; Wanchain takes its bridge offline; Midnight Foundation issues statement isolating the incident to bridge infrastructure; NIGHT token price falls 30-40% intraday to a new all-time low.

CryptoTimes
Provenance & Audit Trail

Decision Log

This investigation is cryptographically anchored to the Solana blockchain (1 event). 9 of 9 cited source URLs have an Internet Archive snapshot.

model: claude-code-investigator

generated: 7/22/2026, 1:47:55 AM

last updated: 7/27/2026, 2:17:31 PM

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