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via CoinDesk · By CoinDesk Staff

Verus-Ethereum bridge loses $11 million as hackers keep targeting cross-chain infrastructure

ETH

ETH/USDT

$1,789.47
+2.81%
24h Volume

$7,877,852,815.53

24h H/L

$1,812.00 / $1,731.99

Change: $80.01 (4.62%)

Long/Short
62.4%
Long: 62.4%Short: 37.6%
Funding Rate

+0.0060%

Longs pay

Data provided by COINOTAG DATALive data
Ethereum
Ethereum
Daily

$1,795.69

2.89%

Volume (24h): -

Resistance Levels
Resistance 3$1,985.30
Resistance 2$1,892.19
Resistance 1$1,832.50
Price$1,795.69
Support 1$1,780.18
Support 2$1,712.32
Support 3$1,615.03
Pivot (PP):$1,780.18
Trend:Sideways
RSI (14):57.4
CS
CoinDesk Staff
(04:37 AM UTC)
1 min read
SC
Reviewed bySarah Chen
1164 views
0 comments

Yet another crypto bridge falls victim to an $11 million hack

The latest attack adds to growing string of cross-chain infrastructure exploits.

Blockchain security remains a perennial challenge, and crypto bridges, which enable seamless transfers between blockchains, are frequent targets for malicious actors.

On Monday, the Verus-Ethereum bridge, a cross-chain bridge that lets users move value…

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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CoinDesk Staff · CoinDesk

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