US crypto firm Nomad has been hit by a $190 million theft, blockchain researchers said on Tuesday, the latest such heist to hit the digital asset sector this year.
Nomad said in a tweet that it was “aware of the incident” and was currently investigating, without giving further details or the value of the theft, Reuters reports.
Crypto analytics firm PeckShield told Reuters $190 million worth of users’ cryptocurrencies were stolen, including ether and the stablecoin USDC. Other blockchain researchers put the figure at over $150 million.
San Francisco-based Nomad did not immediately respond to a request for comment.
The company has notified law enforcement and is working with blockchain forensics firms to try to identify the accounts involved and get back the funds, it said in a statement to crypto news outlet CoinDesk.
Nomad, which last week raised $22 million from investors including major U.S. exchange Coinbase Global COIN.O, makes software that connects different blockchains – the digital ledgers that underpin most cryptocurrencies.
The heist targeted Nomad’s “bridge” – a tool which allows users to transfer tokens between blockchains.