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via CoinDesk · By CoinDesk Staff
Echo Protocol suffers $76 million exploit in eBTC minting attack on Monad
CS
CoinDesk Staff(08:42 AM UTC)
1 min read
The Bitcoin-focused DeFi protocol suffered an attack whereby about 1,000 unauthorized eBTC $77 million were minted on the Monad blockchain
Echo Protocol is the latest decentralized finance (DeFi) platform to be hacked, suffering an exploit worth around $77 million.
The Bitcoin-focused DeFi protocol suffered an attack in which about 1,000 unauthorised eBTC ($77 million) were minted on the Monad…
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