BTCFi Protocol Echo Exploited — eBTC Market on Monad Targeted!
Echo, a BTCFi protocol building around an eBTC market on the Monad blockchain, has been exploited according to onchain…
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Echo, a BTCFi protocol building around an eBTC market on the Monad blockchain, has been exploited according to onchain…
A compromised admin key let the attacker mint 1,000 unauthorised eBTC and launder proceeds through Tornado Cash — the latest in a string of mega-exploits now totaling hundreds of millions across DeFi.
An admin key leak let an attacker mint unbacked eBTC on Monad; the team's $816K loss is contained, but a 955-eBTC burn and an active phishing warning mean the cleanup is not over.
The launch turns non-custodial, no-identity-check token swaps into a five-endpoint Bearer-auth REST integration — and lets every partner keep 0–4% of the spread as USDT.
The follow-up to Meta's 2024 non-invasive typing model halves error rates and hints at a path to BCIs consumers could actually wear.
The attacker minted 1,000 eBTC out of thin air on Monad, drained $867K in WBTC from Curvance, and routed the proceeds through Tornado Cash — with $73.2M in unlaundered eBTC still sitting in the…