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The Nexus
SECURITYMay 18 · 02:54 UTCTHE BLOCKTimmy Shen

Ongoing exploit drains $11.6 million from Verus-Ethereum bridge: Blockaid

The Verus-Ethereum bridge has been exploited, resulting in a loss of 103.6 tBTC, 1,625 ETH, and 147,000 USDC, totaling $11.6 million. The exploit was flagged by Peckshield. The incident highlights a significant security breach in the cryptocurrency space.

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