Verus-Ethereum bridge loses $11.6M in active exploit
Blockaid flags the cross-chain bridge as still actively draining, with Peckshield tallying the loss in tBTC, ETH, and USDC so far.
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Blockaid flags the cross-chain bridge as still actively draining, with Peckshield tallying the loss in tBTC, ETH, and USDC so far.
The 75% refund under the Verus team's negotiated settlement avoids prosecution and an ongoing investigation — but the deal still costs the protocol roughly a fifth of what it lost, and it sets a…
The breach lands on a small-cap altcoin bridge, but the laundering path through ETH is the same playbook used in higher-profile 2024–2025 cross-chain exploits — and it raises fresh questions about…