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Verus Ethereum Bridge

Coverage of Verus Ethereum Bridge in the Nexus archive.

Earliest in view: May 18 · 20:53 UTCMost recent: May 18 · 20:53 UTC
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  • SECURITYMay 18 · 20:53 UTCR/DEFI
    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.