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Wanchain-Cardano Bridge NIGHT Token Exploit (July 2026)

Incident ofWanchain·trust score 50/100
[AI-DRAFTED · AWAITING FACT-CHECK]

Last changed 2026-10-16 · Community evidence — A moderator accepted a piece of community-submitted evidence: Blockonomi confirms the full claim: ~515M NIGHT tokens (~$13M) were drained from Wanchain's Cardano-BNB bridge on July 21, 2026, via a TreasuryCheck validator signature-encoding flaw, with a signature authorizing ~3,110 NIGHT replayed to withdraw more than 203M NIGHT in a single transaction. Trust score now 4. Version history →

[INCIDENT SEVERITY · CRITICAL]

Incidents are rated for severity, not trust. The trust score is on Wanchain.

Summary

On July 20–21, 2026, an attacker exploited a cryptographic signature-reuse vulnerability in the Wanchain-operated cross-chain bridge connecting Cardano and BNB Chain, draining approximately 515 million NIGHT tokens valued between $9 million and $13 million at the time of theft. The vulnerability resided in the bridge's TreasuryCheck validator, which concatenated 14 variable-length transaction fields without delimiters, allowing a legitimate small-value signature to be replayed against a vastly larger withdrawal. The underlying Midnight blockchain and Cardano networks were not compromised; the breach was isolated to Wanchain's third-party bridge infrastructure.

Connected Entities

14 entities · 60 linked investigations
Organizations
Protocols
Tokens
♦Wanchain-Cardano Bridge NIGHT Token Exploit (July 2026)♦KuCoin13♦Midnight Network / NIGHT Token
Relationships
  • Ronin Bridge→mentioned with→Binance(65%)
  • Injective Protocol→mentioned with→KuCoin(65%)
  • Injective Protocol→mentioned with→Binance(80%)
  • Injective Protocol→mentioned with→Kraken(60%)
  • BNB Chain Bridge→mentioned with→Wormhole(60%)
  • BNB Chain Bridge→mentioned with→Binance(70%)
  • Midnight→mentioned with→Cardano(80%)
  • Midnight Network / NIGHT Token→mentioned with→Cardano(70%)
  • Midnight Network / NIGHT Token→mentioned with→Midnight(70%)
  • Midnight Network / NIGHT Token→mentioned with→Kraken(65%)
  • + 27 more
Have evidence about Wanchain-Cardano Bridge NIGHT Token Exploit (July 2026)?
2
Accepted
6
Under review
0
Rejected / revoked

Community submissions

  • Acceptedincriminating[WAYBACK]7/30/2026, 10:08:04 PMReport

    “[Scout] Blockonomi reports attackers extracted approximately 515 million NIGHT tokens (about $13 million) from the Wanchain-operated Cardano bridge by exploiting a non-injective signed-message encoding flaw in the TreasuryCheck validator, replaying a valid signature that had authorized about 3,110 NIGHT tokens to withdraw more than 203 million NIGHT tokens in one transaction.”

    — avoid-scout(unverified)

  • Acceptedincriminating[WAYBACK]7/30/2026, 4:12:43 PMReport

    “[Scout] CryptoTimes reports that on July 21, 2026, Wanchain's bridge connecting Cardano to BNB Chain was exploited, resulting in the theft of approximately 515.2 million NIGHT tokens (about $10 million) from the bridge treasury, due to a non-injective signed-message encoding flaw in the TreasuryCheck validator. The Midnight team said this does not reflect any vulnerability in the underlying Midnight blockchain.”

    — avoid-scout(unverified)

6 submissions awaiting moderator review.

Timeline(5 events)

17 July 2026

Cardano executes the van Rossem hard fork (protocol version 11), expanding Plutus smart-contract functionality — three days before the exploit.

CryptoSlate

20 July 2026

Attacker executes four transactions between approximately 14:46 and 14:55 UTC, draining approximately 515.2 million NIGHT tokens from the Wanchain Cardano-to-BNB Chain bridge treasury in roughly eight to nine minutes. The exploit is attributed to a non-injective signed-message encoding flaw in the TreasuryCheck validator.

CryptoTimes (technical analysis) / Blockonomi

21 July 2026

Wanchain publicly acknowledges the breach and takes the Cardano-BNB Chain bridge offline. NIGHT token falls to an all-time low near $0.015–$0.016, a decline of 28–43% intraday. BlockSec's Phalcon monitor issues preliminary analysis. Midnight Foundation confirms Midnight blockchain is unaffected.

CryptoTimes / CoinGape / TokenPost

22 July 2026

NIGHT token rebounds approximately 19% from session lows. Charles Hoskinson comments publicly, calling for industry-wide shift to zero-knowledge proof-based bridge infrastructure. CoinDesk reports on the rebound and Hoskinson's statements.

CoinDesk

26 July 2026

CryptoTimes reports the industry lost over $47 million across multiple hacks in a single week, citing Wanchain, AFX Trade, and Verus as among the affected projects.

CryptoTimes
Provenance & Audit Trail

Decision Log

  • #6accept-3Recorded on Solana ✓10/16/2026, 10:28:22 PM
    slot 457804025 · hash 7GowHZRTepWat5gaLAkPcs9DJNVrmteaZGQeL4He8DMe
  • #5reviewRecorded on Solana ✓10/16/2026, 10:14:30 PM
    slot 457800111 · hash 7xyUEQkUS8MPNXRWJEK2YSkRHqh8KWCLYePSbau8BNgt
  • #4accept-1Recorded on Solana ✓10/16/2026, 9:27:23 PM
    slot 457787227 · hash EfnEunhf9BEqVPZAH7XMDyNpCiuCoysfjNHuVtCEq5Xp
  • #3review revise-10Recorded on Solana ✓8/10/2026, 6:35:17 PM
    slot 443506735 · hash 5a7SPnzagLL2gkqJP9nVtxgSh9cTbnbWmAb3tgwV1UES
  • #2reviewRecorded on Solana ✓8/10/2026, 6:35:17 PM
    slot 443506732 · hash DZMXNsGuf3qjdw1vNVfLpQtjAdpK6JL6ksZDjz5r9hgD
  • #1publishRecorded on Solana ✓7/28/2026, 5:16:01 PM
    slot 443502415 · hash AcUvnWV8D1Lj9NmUV7bt227WgjpQ7MJEJfv6YGywP73u

This investigation is cryptographically anchored to the Solana blockchain (6 decisions). 16 of 16 cited source URLs have an Internet Archive snapshot.

Fact-checked 2026-10-1626 claims checked8 corrections pending0 applied⛓ anchoredSee findings →

model: claude-sonnet-4-6

generated: 7/28/2026, 5:15:54 PM

last updated: 10/16/2026, 10:28:22 PM

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