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.
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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 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…
An ongoing attack on the Verus-Ethereum bridge has pulled roughly $11.58M out so far, with Blockaid's exploit detection catching the live drain rather than a post-mortem tally.