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via The Block · By The Block Editorial

Ongoing exploit drains $11.6 million from Verus-Ethereum bridge: Blockaid

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The Block Editorial
(02:54 AM UTC)
1 min read
MR
Approved byMichael Roberts
820 views
0 comments

DeFi protocol Verus is facing an ongoing exploit targeting its Ethereum bridge that has drained roughly $11.58 million so far, according to multiple blockchain security firms.

In a late Sunday post on X, onchain security platform Blockaid reported the attack, identifying the attacker's address as "0x5aBb…D5777." The stolen funds were stored in wallet address "0x65C…C25F9," Blockaid wrote.

Blockch…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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The Block Editorial · The Block

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