Multilayer Security 
Introduction
The original smart contract's security is out of the XP.NETWORK's scope. All the responsibility for its security lies on the collection team.
Summary of the bridge hacks
According to Defilama, since the blockchain technology birth, 39% or $2.53 billion was stolen from the fungible token bridges out of the total value hacked (TVH) is $6.46 billion.
As we can see, the largest known hacks were caused by the Private key Compromise of 16.4% + 7.66% + 1.96% = 26.02% via social engineering or other methods.
Access control exploits occupy 8.08%.
Flashloans are involved with 4.74% + 2.42% + 2.22% + 2.22% = 11.6% attacks.
Math or logical mistakes are responsible for 6.99% + 2.65% + 1.67% + 1.84% = 13.5%.
Latest bridge attacks
| Date | Chain | Bridge | Amount in $ |
|---|---|---|---|
| Apr 2 2023 | Binance | Allbridge | 570 K |
| Nov 12 2022 | Eth, Solana | FTX | 450 M |
| Oct 6, 2022 | Binance | Binance Bridge | 570 M |
| Oct 2, 2022 | Eth, Binance | Transit Swap | 21 M |
| Jun 23, 2022 | Eth, Binance | Harmony Bridge | 100 M |
| Feb 2, 2022 | Solana | Wormhole | 326 M |
| Nov 7, 2021 | Eth, Binance | ChainSwap | 4.4 M |
Bridge components as dungeons
The bridge is built with modular components. Every component is equipped with internal security mechanisms. Neither component blindly trusts any incoming information.