Verus Ethereum Bridge drained for $7.5M in repeat exploit
The same failure mode that hit Verus before just cost users another seven-figure sum across ETH, USDC, USDT, tBTC and three more reserve assets, raising fresh questions about bridge security.
The same failure mode that hit Verus before just cost users another seven-figure sum across ETH, USDC, USDT, tBTC and three more reserve assets, raising fresh questions about bridge security.
A second attacker drained the bridge using the identical contract and entry path as the May exploit, meaning the patch either shipped late or did not actually close the vulnerability class.
The macro overhang is piling up on BTC while a fresh $24M bridge exploit and a stablecoin collapse remind the market that idiosyncratic risk hasn't gone anywhere.
The pattern is the story: four protocols fell in 24 hours to the same failure mode, compromised keys and permissions, not broken cryptography, and AI tooling is now lowering the cost of finding those…
The Arbitrum bridge itself held, but five hot-validator signatures cleared the quorum on a third-party bridge and let the attacker walk away with the protocol's entire TVL.
Blockaid flags the loss to a third-party bridge, not Arbitrum's native one, and Offchain Labs says the core bridge is unaffected while it investigates.
The bill, framed by the Terra $40B wipeout, would ring-fence client funds from issuer insolvency, a structural fix the industry has wanted since 2022.
Hoskinson turned the exploit into a policy pitch for zero-knowledge over legacy bridges, but the 43% crash to an all-time low shows how exposed even ZK-native chains still are when they rely on…
The breach, which drained 16.1M ADA from 374 wallets, was a flaw in transaction signing software, not in the Cardano protocol itself, but it killed the wallet service outright.
ADA still climbed 8% on a Cardano hard-fork tailwind while NIGHT slid 30% to a record low after an attacker exploited Wanchain's Cardano-to-BNB bridge, with seven exchanges now freezing…
Hoskinson pinned the exploit on AI-driven attack tooling, turning a single cross-chain drain into a sector-wide security story for every bridge operator.
The incident shows a capable model with guardrails off can chain unknown flaws, stolen credentials, and production-side weaknesses end-to-end, which is exactly the shape a serious crypto exploit…
A fifth of global oil flows through the 21-mile-wide chokepoint, so any sustained disruption to tanker traffic hits crude prices, shipping insurance, and risk appetite across every asset class within…
Authorities canceled the school's business license days after Srinivasan publicly dismissed shutdown reports as fake news, leaving the Forest City campus with a July 22 cease-operations deadline.
A suspected validator encoding flaw may have enabled signature reuse as NIGHT plunged more than 30% to a record low.
BTC's two-week high landed alongside a 4.6% ETH push and a broad rebound in semis, but the Fear & Greed Index still reads Extreme Fear at 25.
The ZIL amount and the venue are both undisclosed, but the network-wide deposit and withdrawal pause is the more telling beat: even cold storage at a partner exchange is now a live attack surface.
The attacker rapidly shifted the stolen value from Solana to Ethereum and converted it into ETH, extending the incident across two major ecosystems.
The pause puts affected pools and liquidity providers on alert as investigators assess a cross-chain bridge attack involving a flash loan.
The attacker bridged stolen funds from Solana to Ethereum, and the protocol's pause is the kind of containment move that signals a live, in-flight incident rather than a post-mortem.