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Verus Ethereum Bridge Suffers Second $7.5 Million Exploit
Nidhi is a Certified Digital Marketing Executive and Passionate crypto Journalist covering the world of alternative currencies. She shares the latest and trending news on Cryptocurrency and Blockchain.
The Verus Ethereum Bridge was exploited for $7.5 million after an attacker used a 0.01 VRSC transaction to trigger unbacked payouts of 1,137 ETH, 71.5 tBTC, and other tokens to a single wallet. Security firms said the attack mirrors a $11.6 million exploit in May, exploiting the same verification flaw despite a previous fix. The attacker has swapped the stolen assets for ETH and begun laundering funds through Tornado Cash. VerusCoin has not issued a public statement, and users have been urged to avoid the bridge.
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