Dossier
Verus Ethereum Bridge
Coverage of Verus Ethereum Bridge in the Nexus archive.
- 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.