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via Cointelegraph · By Cointelegraph Staff

Verus Ethereum Bridge Reportedly Exploited for $11.58 Million

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Cointelegraph Staff
(07:11 AM UTC)
1 min read
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Verified byMichael Roberts
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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…

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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Cointelegraph Staff · Cointelegraph

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