via Cointelegraph · By Cointelegraph Staff
Verus Ethereum Bridge Reportedly Exploited for $11.58 Million
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Longs pay
Verus Protocol’s Ethereum bridge was reportedly exploited on Monday through a fake cross-chain transfer message that allowed a hacker to fraudulently transfer out at least $11.58 million in cryptocurrency.
Onchain security platform Blockaid said in an X post on Monday that its detection system identified an ongoing exploit on the Verus-Ethereum bridge and shared a transaction on Etherscan showing…
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