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Verus Ethereum Bridge Suffers Second $7.5 Million Exploit

Published by
Nidhi Kolhapur

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.

Nidhi Kolhapur

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.

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