What Is a Crypto Bridge, and Why Do They Get Hacked?
Moving assets between blockchains needs a bridge. Bridges are also where some of the largest thefts in crypto have happened.
Blockchains cannot see each other. Bitcoin has no idea Ethereum exists, and neither can read the other’s records. So moving value between them requires something in the middle, and that something is called a bridge.
How it works
The usual arrangement: you deposit an asset into the bridge on the first network, where it is locked. The bridge then issues you an equivalent representation on the second network. To go back, you return the representation and the original is released.
The representation is not the original asset. It is a token that is supposed to be redeemable for it, and its value depends entirely on that promise holding.
Why they get attacked
To function, a bridge has to hold the locked assets somewhere — often an enormous quantity in a single contract. That concentration makes it one of the most valuable targets in crypto, and several of the largest thefts on record have been bridge exploits.
They are also technically difficult. A bridge has to correctly verify events on one chain in order to act on another, and the machinery that does this is complex and comparatively new. Complexity is where bugs live.
When a bridge is drained, the representations on the far side may become unbacked — still visible in wallets, no longer redeemable for anything.
What this means in practice
Beginners rarely need a bridge. If you want an asset on a particular network, buying it there directly through an exchange usually avoids the bridge entirely, and the exchange handles the movement internally.
If you do use one, prefer established bridges with a long operating history and public security audits, move small amounts, and do not leave value sitting in a bridged representation longer than you need to.
And be precise about networks. Bridging is one of the situations where sending to an address on the wrong network is easiest to do, and as ever that mistake cannot be undone.
Mei-Lin Toh
Explainers — how crypto actually works
Takes the ideas behind crypto apart and puts them back together in plain English — what a blockchain is actually doing, what a token represents, and which parts a beginner can safely ignore for now.
A standing byline of the Bright Start News desk, not an individual journalist. Everything published under it is written and edited by the desk, which is accountable for it.
Keep reading
What Is a Crypto ETF, in Plain English?
A way to get exposure to crypto through a normal investment account. What that changes, and what it does not.
Hardware Wallet or Software Wallet: Which Do You Need?
The practical difference between a wallet app and a physical device, and how to decide which is right for what you hold.
What Does “Decentralised” Actually Mean?
The word is on every crypto homepage. Here is what it means, and how to tell when it is being used loosely.