Crypto Exploits Drain $98M in 4 Days Across THORChain, Verus, Echo
A 1,000 $eBTC mint for free, a cross-chain bridge hit, and a THORChain swap drain — the pattern of cheap, repeatable exploits is what should worry protocols running live TVL.
Every Zipp story tagged #BridgeHack, newest first.
A 1,000 $eBTC mint for free, a cross-chain bridge hit, and a THORChain swap drain — the pattern of cheap, repeatable exploits is what should worry protocols running live TVL.
The attacker walked away with 103.6 tBTC, 1,625 ETH, and 147K USDC — and has already consolidated the haul into a single 5,402 ETH wallet.
The attack drained 103.6 tBTC, 1,625 ETH, and 147K USDC — small next to April's $293M Kelp DAO hit, but it confirms Phemex's pattern read: bridge and cross-chain messaging rails, not smart contracts,…
If Kelp's Telegram screenshots hold, the $292M loss wasn't Kelp's misconfiguration — it was a verifier design LayerZero reviewed for 2.5 years, then blamed on the victim after Lazarus drained the…