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The Nexus
SECURITYMay 18 · 20:53 UTCR/DEFI/u/hodorrny

Why do bridges still fail so often in DeFi

The Verus Ethereum Bridge was exploited for around $11.58 million, damaging confidence in DeFi and highlighting the need for ecosystems that reduce dependence on bridging. The exploit included ETH, tBTC, and USDC funds. This incident underscores the ongoing problem of bridge failures in DeFi.

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