Echo Protocol Joins THORChain, Verus as May Hack Count Reaches 14

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Kamina Bashir

(02:39 AM UTC)

1 min read

Updated byEmily Watson

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Echo Protocol suffered an exploit on Monad, with an attacker minting 1,000 eBTC worth roughly $76.64 million.

Curvance paused the affected market while Echo Protocol suspended all cross-chain transactions. The incident raised May’s running tally of crypto hacks to 14.

How the Echo Protocol Exploit Unfolded

On-chain analyst dcfgod first flagged the incident. PeckShield mapped the…

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Kamina Bashir · BeInCrypto

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